Tesla Inc. stock falls Friday, underperforms market

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Shares of Tesla Inc. TSLA, -1.21% slipped 1.21% to $420.63 Friday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP, +0.36% rising 0.37% to 11,548.28 and the Dow Jones Industrial Average DJIA, -0.09%falling 0.10% to 28,335.57. The stock’s fall snapped a two-day winning streak. Tesla Inc. closed $81.86 short of its 52-week high ($502.49), which the company achieved on September 1st. 

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Ford Motor Co. F, -0.60% fell 0.61% to $8.16, General Motors Co. GM, -1.55% fell 1.55% to $36.83, and NIO Inc. ADR NIO, -0.80% fell 0.80% to $27.16. Trading volume (33.2 M) remained 36.3 million below its 50-day average volume of 69.5 M.

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