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July 21, 2021, 4:32 p.m. EDT

Tesla Inc. stock falls Wednesday, underperforms market

MarketWatch Automation

Shares of Tesla Inc. (NAS:TSLA) slumped 0.79% to $655.29 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index (NASDAQ:COMP) rising 0.92% to 14,631.95 and the Dow Jones Industrial Average (DOW:DJIA) rising 0.83% to 34,798.00. The stock's fall snapped a two-day winning streak. Tesla Inc. closed $245.11 below its 52-week high ($900.40), which the company reached on January 25th.

The stock underperformed when compared to some of its competitors Wednesday, as Toyota Motor Corp. ADR (NYS:TM) rose 0.88% to $179.68, General Motors Co. (NYS:GM) rose 1.60% to $57.05, and Honda Motor Co. Ltd. ADR (NYS:HMC) rose 0.48% to $31.67. Trading volume (13.7 M) remained 11.3 million below its 50-day average volume of 25.1 M.

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

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