Shares of Tesla Inc.
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
down 1.99% to 10,919.59 and the Dow Jones Industrial Average
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.
fell 0.86% to $ 6.91, General Motors Co.
was down 5.57% to $ 30.17 and NIO Inc. ADR
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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