Tesla Motors Lower As North American International Auto Show Begins

Tesla Motors Inc. TSLA shares are trading lower by $4.20 at $206.80 in Monday's session. As sutomockers from around the world gather in Detroit for the North American International Auto Show, the company has chosen not to be represented at the event. After a higher open, it rallied to $214.40 before reversing course. The ensuing decline has taken the issue to $205.31 and has now rebounded into the $2.06 handle. The current low coincides with its November 16 low of $205.80.