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Oct. 20, 2020, 4:25 p.m. EDT

Tesla Inc. stock underperforms Tuesday when compared to competitors

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Shares of Tesla Inc. TSLA shed 2.06% to $421.94 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.33% to 11,516.49 and the Dow Jones Industrial Average DJIA rising 0.40% to 28,308.79. This was the stock's fourth consecutive day of losses. Tesla Inc. closed $80.55 short of its 52-week high ($502.49), which the company reached on September 1st.

The stock underperformed when compared to some of its competitors Tuesday, as Ford Motor Co. F rose 1.98% to $7.74, General Motors Co. GM rose 6.75% to $35.60, and NIO Inc. ADR NIO rose 1.19% to $27.96. Trading volume (31.0 M) remained 41.5 million below its 50-day average volume of 72.5 M.

Editor's Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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