Shares of Tesla Inc. /zigman2/quotes/203558040/lastsale TSLA -1.50% slipped 6.81% to $268.21 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP -0.87% falling 2.84% to 10,737.51 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.37% falling 1.54% to 29,225.61. The stock's fall snapped a three-day winning streak. Tesla Inc. closed $146.29 short of its 52-week high ($414.50), which the company achieved on November 4th.
The stock underperformed when compared to some of its competitors Thursday, as Toyota Motor Corp. ADR /zigman2/quotes/200537742/composite TM -1.09% fell 2.29% to $133.76, General Motors Co. /zigman2/quotes/205226835/composite GM -1.74% fell 5.65% to $33.26, and Honda Motor Co. Ltd. ADR /zigman2/quotes/207173990/composite HMC -2.07% fell 3.23% to $22.19. Trading volume (76.9 M) eclipsed its 50-day average volume of 71.7 M.