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Tesla Inc. Stock Advances 5.1%, Outperforms Peers

Dow Jones
Yesterday

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

Shares of Tesla Inc. rose 5.1% to $362.86 on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.4% to 26,180.45 and the Dow Jones Industrial Average rising 1.0% to 53,277.01.

Tesla Inc. closed 27.3% short of its 52-week high of $498.83, which the company achieved on December 22nd.

The stock outperformed some of its peers, as General Motors Co. rose 2.1% to $87.93, Ford Motor Co. rose 3.0% to $14.41, and NIO Inc. ADR rose 2.21% to $4.63.

Trading volume totaled 58.5 million, compared to the 50-day average of 40.9 million.

Data source: Dow Jones Market Data, FactSet

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