Tesla Inc. stock outperforms market despite losses on the day

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Shares of Tesla Inc. TSLA,
-1.50%
slipped 1.50% to $1,077.60 Thursday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index comp,
-1.54%
falling 1.54% to 14,220.52 and Dow Jones Industrial Average DJIA,
-1.56%
falling 1.56% to 34,678.35. This was the stock’s second consecutive day of losses. Tesla Inc. closed $165.89 short of its 52-week high ($1,243.49), which the company reached on November 4th.

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The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Toyota Motor Corp. ADR TM,
-0.20%
fell 0.20% to $180.25, General Motors Co. GM,
-3.27%
fell 3.27% to $43.74, and Honda Motor Co. Ltd. ADR HMC,
-0.98%
fell 0.98% to $28.26. Trading volume (16.2 M) remained 10.9 million below its 50-day average volume of 27.0 M.

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Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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Credit: www.marketwatch.com /

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