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Tesla Inc. shares fall on Monday, underperforming the market



Shares of Tesla Inc. TSLA,
-2.35%
fell 2.35% to $ 1,418.57 on Monday, on what turned out to be an all-round mixed stock market session, with the Dow Jones Industrial Average DJIA,
+ 1.30%
rising 1.30% to 27,791.44 and NASDAQ Composite Index COMP,
-0.38%
falling 0.39% to 1

0,968.36. This was the share’s second day due to losses. Tesla Inc. closed at $ 376.42 during its 52-week high ($ 1,794.99), which the company reached on July 13.

The stock underperformed some of its competitors on Monday, such as Ford Motor Co. F
+ 3.35%
rose 3.35% to $ 7.09, General Motors Co. GM,
+ 4.71%
rose 4.72% to $ 27.98 and NIO Inc. ADR NIO,
+ 5.88%
rose 5.89% to $ 14.21. The trading volume (7.5 M) remained 6.0 million below the 50-day average volume of 13.4 M.

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Editor’s Note: This story was automatically generated by Automated Insights using Dow Jones and FactSet data. See our terms of use for market data.


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