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Tesla Inc. Stock Falls 9.74% on Mixed Trading Day

Shares drop, marking second consecutive day of losses amid a volatile market.

Today, Tesla Inc. stock didn’t do well. It fell by 9.74% and closed at $262.90. The stock market was also a bit mixed, with some companies going up and others going down. The Dow Jones Industrial Average went up by 0.47%, while the NASDAQ Composite Index fell by 2.05%.

This is the second day in a row that Tesla’s stock has gone down. It’s now $51.77 less than its highest price in the past year, which was $314.67 on August 16th.

A lot of people were trading Tesla’s stock yesterday, with a trading volume of 173.2 million shares. Normally, they trade about 139.5 million shares in a day.

Data sources: Dow Jones Market Data, FactSet. This information is from July 20, 2023.

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