Shares of Tesla Inc. TSLA, -4.93% slipped 4.93% to $860.00 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP, -2.78% falling 2.78% to 13,791.15 and Dow Jones Industrial Average DJIA, -1.43% falling 1.43% to 34,738.06. This was the stock’s second consecutive day of losses. Tesla Inc. closed $383.49 short of its 52-week high ($1,243.49), which the company reached on November 4th.
The stock underperformed when compared to some of its competitors Friday, as Toyota Motor Corp. ADR TM, -0.87% fell 0.87% to $192.71, General Motors Co. GM, -3.00% fell 3.00% to $48.83, and Honda Motor Co. Ltd. ADR HMC, -0.98% fell 0.98% to $30.46. Trading volume (26.3 M) remained 200,581 below its 50-day average volume of 26.5 M.
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