Tesla stock looked set to rebound Friday after falling back from all-time highs in the previous session. Shares of Tesla fell 1.6% to $418.10 Thursday, snapping a six-day winning streak as the broader market slipped back.

Tesla stock closed at a new all-time high—adjusted for any stock splits—on Wednesday as it rose for a sixth-consecutive session. Inflation data for November helped the market—and Tesla Consumer prices increased at 2.

Tesla ( TSLA) shares soared nearly 6% to close at an all-time high of $424.77 Wednesday, marking the stock's first record close in three years after six straight days of gains.