Tesla Inc. stock falls, still outperforms market

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17 September 2022

By : Quick Insurance Guru

Tesla Inc. shares declined 0.13% to $303.35 on Friday, after what turned out to be a generally bad trading session for the stock market. 

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The NASDAQ Composite Index falling 0.90% to 11,448.40 and Dow Jones Industrial Average falling 0.45% to 30,822.42.

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The decline in the stock ended a two-day gaining streak. Tesla Inc.

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Closed $111.15 under its November 4th 52-week high ($414.50), which was established by the business. 

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The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Toyota Motor Corp. 

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ADR rose 0.21% to $140.74, General Motors Co. fell 1.70% to $39.97, and Honda Motor Co. Ltd.

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ADR fell 0.89% to $24.57. Trading volume (86.6 M) eclipsed its 50-day average volume of 75.7 M.

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THANKS FOR READING!

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Tesla Inc. stock falls, still outperforms market