Tesla Inc. stock rises Wednesday, outperforms market

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© Terrence Horan

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Shares of Tesla Inc. TSLA rallied 5.08% to $667.93 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.54% to 13,246.87 and the Dow Jones Industrial Average DJIA falling 0.26% to 32,981.55. This was the stock’s second consecutive day of gains. Tesla Inc. closed $232.47 short of its 52-week high ($900.40), which the company achieved on January 25th.

The stock outperformed some of its competitors Wednesday, as Toyota Motor Corp. ADR TM rose 1.42% to $156.06, General Motors Co. GM fell 1.79% to $57.46, and Honda Motor Co. Ltd. ADR HMC fell 0.43% to $30.20. Trading volume (32.9 M) remained 121,477 below its 50-day average volume of 33.0 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.

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