This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Tesla Inc. plunged 10.4% to $239.43 on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 5.8% to 15,587.79 and Dow Jones Industrial Average falling 5.5% to 38,314.86.
This was the stock's second consecutive day of losses.
Tesla Inc. closed 51.0% below its 52-week high of $488.54, which the company reached on December 18th.
The stock underperformed when compared to some of its competitors, as General Motors Co. fell 3.7% to $44.18, Ford Motor Co. rose 0.4% to $9.58, and NIO Inc. ADR fell 7.49% to $3.46.
Trading volume totaled 177.6 million, compared to the 50-day average of 105.3 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
April 04, 2025 16:35 ET (20:35 GMT)
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