Tesla Inc. stock outperforms competitors on strong trading day

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COMPANY CLOSE UPDATES

Shares of Tesla Inc. TSLA rallied 2.23% to $844.55 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.53% to 13,197.18 and the Dow Jones Industrial Average DJIA rising 0.38% to 30,930.52. The stock’s rise snapped a two-day losing streak. Tesla Inc. closed $39.94 short of its 52-week high ($884.49), which the company achieved on January 8th. 

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Toyota Motor Corp. ADR TM fell 0.19% to $148.13, General Motors Co. GM rose 9.75% to $54.84, and Honda Motor Co. Ltd. ADR HMC rose 0.29% to $27.48. Trading volume (25.0 M) remained 21.9 million below its 50-day average volume of 46.9 M.

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