Tesla Inc. Stock Falls Monday, Underperforms Market

Dow Jones10-08

DJ Tesla Inc. Stock Falls Monday, Underperforms Market

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Tesla Inc. $(TSLA)$ slid 3.70% to $240.83 Monday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 1.18% to 17,923.90 and Dow Jones Industrial Average falling 0.94% to 41,954.24.

Tesla Inc. closed $30.17 short of its 52-week high ($271.00), which the company achieved on July 11th.

Trading volume (67.4 M) remained 12.0 million below its 50-day average volume of 79.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 7, 2024.

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October 07, 2024 16:31 ET (20:31 GMT)

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Comments

  • Guavaxf30
    10-08
    Guavaxf30
    All are pinning their hopes on a Robotaxi event. Their mainstay EV business have been floundering somewhat. But interesting to note their own main executive behind AI, their CIO, resigned in the week before this.  Questions have to be asked as to why leave in their supposed moment of glory?
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