Tesla Inc. stock outperforms competitors despite losses on the day


Shares of Tesla Inc. TSLA slipped 1.17% to $662.16 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index COMP falling 1.12% to 13,227.70 and Dow Jones Industrial Average DJIA falling 0.94% to 32,423.15. The stock’s fall snapped a two-day winning streak. Tesla Inc. closed $238.24 below its 52-week high ($900.40), which the company achieved on January 25th.

Despite its losses, the stock outperformed some of its competitors Tuesday, as Toyota Motor Corp. ADR TM fell 2.03% to $151.34, General Motors Co. GM fell 3.34% to $56.16, and Honda Motor Co. Ltd. ADR HMC fell 2.91% to $30.03.true Trading volume (28.7 M) remained 4.9 million below its 50-day average volume of 33.6 M.

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