Shares of Tesla Inc. /zigman2/quotes/203558040/composite TSLA -0.57% sank 0.05% to $709.42 Thursday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP +0.35% falling 0.26% to 11,388.50 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.23% falling 0.75% to 31,253.13. This was the stock's second consecutive day of losses. Tesla Inc. closed $534.07 short of its 52-week high ($1,243.49), 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 -1.19% rose 0.26% to $155.89, General Motors Co. /zigman2/quotes/205226835/composite GM -3.40% rose 0.81% to $36.12, and Honda Motor Co. Ltd. ADR /zigman2/quotes/207173990/composite HMC -0.89% rose 1.92% to $25.01. Trading volume (29.8 M) eclipsed its 50-day average volume of 26.4 M.