Shares of Tesla Inc. TSLA, -0.43% shed 0.43% to $705.21 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP, +1.62% rising 1.62% to 11,232.19 and the Dow Jones Industrial Average DJIA, +0.64% rising 0.64% to 30,677.36. This was the stock’s second consecutive day of losses. Tesla Inc. closed $538.28 below its 52-week high ($1,243.49), which the company reached on November 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Toyota Motor Corp. ADR TM, -1.02% fell 1.02% to $157.52, General Motors Co. GM, +0.49% rose 0.49% to $32.99, and Honda Motor Co. Ltd. ADR HMC, -1.15% fell 1.15% to $24.84. Trading volume (34.5 M) eclipsed its 50-day average volume of 29.9 M.