Tesla Inc. stock falls Thursday, underperforms market

Shares of Tesla Inc.

sank 0.35% to $255.90 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index

rising 1.15% to 13,782.82 and the Dow Jones Industrial Average

rising 1.26% to 34,408.06.

This was the stock’s second consecutive day of losses.

Tesla Inc. closed $58.77 short of its 52-week high ($314.67), which the company achieved on August 16th.

Trading volume (159.3 M) eclipsed its 50-day average volume of 133.3 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.