Tesla Inc. Stock Falls 5.9%, Underperforms Peers

This 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)