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Tesla Inc. stock outpaces its competitors on a strong trading day



Shares of Tesla Inc.
TSLA,
+ 1.38%

advanced 1.38% to $ 371.34 on Thursday, in what proved to be a gloomy all-round trading session for the stock market, with the NASDAQ Composite Index
COMP,
-1.99%

down 1.99% to 10,919.59 and the Dow Jones Industrial Average
DJIA,
-1.45%

down 1.45% to 27,534.58. This was the second consecutive day of earnings for the stock. Tesla Inc. closed $ 131.15 below its 52-week high ($ 502.49), reached on September 1.

The stock outperformed some of its competitors on Thursday as Ford Motor Co.
F,
-0.86%

fell 0.86% to $ 6.91, General Motors Co.
GM,
-5.57%

was down 5.57% to $ 30.17 and NIO Inc. ADR
NIO,
-1.93%

fell 1.93% to $ 17.74. The trading volume (83.8 million) eclipsed the 50-day average volume of 80.6 million.

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Editor’s Note: This story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See our terms of use for market data.


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