Tesla Inc. Stock Rallies 4.7%, Outperforms Competitors

Dow Jones
10 May

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Tesla Inc. rallied 4.7% to $298.26 on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index remaining mostly unchanged at 17,928.92 and the Dow Jones Industrial Average falling 0.3% to 41,249.38.

This was the stock's third consecutive day of gains.

Tesla Inc. closed 38.9% short of its 52-week high of $488.54, which the company achieved on December 18th.

The stock outperformed some of its competitors, as General Motors Co. rose 0.3% to $47.50, Ford Motor Co. rose 1.5% to $10.43, and NIO Inc. ADR rose 0.25% to $3.97.

Trading volume totaled 131.0 million, compared to the 50-day average of 129.0 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 09, 2025 16:34 ET (20:34 GMT)

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