Tesla Inc. shares outperform the market on a strong trading day

Tesla Inc. TSLA shares,
+ 2.84%
rose 2.84% to $ 755.98 on Wednesday in what proved to be a fully mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA,
+ 1.44%
increasing 1.44% to 30,829.40 and the NASDAQ Composite Index COMP,
-0.61%
falling 0.61% to 12,740.79. This was the ninth consecutive day of earnings for the stock. Tesla Inc. set a new 52-week record, beating its previous $ 744.49 peak, which the company hit on January 4.

The stock showed mixed performance when compared to some of its competitors on Wednesday, such as Toyota Motor Corp. ADR TM,
+ 0.08%
rose 0.08% to $ 153.53, General Motors Co. GM,
+ 3.17%
rose 3.17% to $ 42.98 and Honda Motor Co. Ltd. ADR HMC,
+ 2.32%
rose 2.32% to $ 28.24. Turnover (43.9 M) remained 129.102 below its average 50-day volume of 44.0 M.

Editor’s note: this story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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