Tesla Inc. stock underperforms against rivals on Wednesday

Shares of Tesla Inc. TSLA,
-2.72%
slipped 2.73% to $ 568.82 on Wednesday, on what turned out to be a mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA,
+ 0.20%
up 0.20% to 29,883.79 and the NASDAQ COMP Composite Index,
-0.04%
down 0.05% to 12,349.37. Tesla Inc. closed $ 38.98 below its 52-week high ($ 607.80), which the company hit on November 30.

The stock underperformed some of its rivals on Wednesday, such as Toyota Motor Corp. ADR TM,
+ 0.14%
rose 0.15% to $ 136.34, General Motors Co. GM,
-0.22%
fell 0.22% to $ 44.58, and Honda Motor Co. Ltd. ADR HMC,
+ 2.71%
rose 2.72% to $ 29.13. Trade volume (45.6 M) eclipsed its 50-day average volume of 41.3 Mio.