Shares of Tesla Inc. /zigman2/quotes/203558040/composite TSLA +3.41% slipped 0.95% to $1,084.60 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP +1.21% rising 0.83% to 15,381.32 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.73% rising 1.82% to 34,639.79. This was the stock's second consecutive day of losses. Tesla Inc. closed $158.89 short of its 52-week high ($1,243.49), which the company reached on November 4th.
The stock underperformed when compared to some of its competitors Thursday, as Toyota Motor Corp. ADR /zigman2/quotes/200537742/composite TM +0.58% rose 2.73% to $183.16, General Motors Co. /zigman2/quotes/205226835/composite GM +0.16% rose 5.10% to $61.02, and Honda Motor Co. Ltd. ADR /zigman2/quotes/207173990/composite HMC +0.17% rose 2.45% to $28.41. Trading volume (24.2 M) remained 2.3 million below its 50-day average volume of 26.5 M.