Shares of Tesla Inc. TSLA, -4.67% shed 4.67% to $475.05 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP, +1.39% rising 1.39% to 11,939.67 and the Dow Jones Industrial Average DJIA, +0.75% rising 0.76% to 28,645.66. Tesla Inc. closed $25.09 below its 52-week high ($500.14), which the company achieved on August 31st.
The stock underperformed when compared to some of its competitors Tuesday, as Ford Motor Co. F, +0.14% rose 0.15% to $6.83, General Motors Co. GM, +0.54% rose 0.54% to $29.79, and NIO Inc. ADR NIO, +5.72% rose 5.73% to $20.12. Trading volume (90.0 M) eclipsed its 50-day average volume of 77.0 M.
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