Shares of Tesla Inc. inched 0.89% higher to $818.32 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.73% to 14,823.43 and the Dow Jones Industrial Average rising 1.56% to 34,912.56. This was the stock’s fourth consecutive day of gains. Tesla Inc. closed $82.08 short of its 52-week high ($900.40), which the company reached on January 25th.
The stock outperformed some of its competitors Thursday, as Toyota Motor Corp. ADR fell 0.15% to $175.51, General Motors Co. fell 0.14% to $57.69, and Honda Motor Co. Ltd. ADR rose 0.67% to $30.26. Trading volume (11.9 M) remained 5.5 million below its 50-day average volume of 17.3 M.