Tesla Inc. Stock Falls 5.9%, Underperforms Peers
Dow Jones2026/09/04 20:34This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Tesla Inc. slipped 5.9% to $354.08 on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 0.3% to 26,506.99 and Dow Jones Industrial Average falling 0.5% to 53,414.25.
The stock's fall snapped a two-day winning streak.
Tesla Inc. closed 29.0% short of its 52-week high of $498.83, which the company achieved on December 22nd.
The stock underperformed when compared to some of its peers, as General Motors Co. rose 0.8% to $87.76, Ford Motor Co. rose 1.5% to $14.62, and NIO Inc. ADR fell 1.55% to $3.80.
Trading volume totaled 64.4 million, compared to the 50-day average of 39.6 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
September 04, 2026 16:34 ET (20:34 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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