Tesla Inc. rises on Thursday, outperforms the market

Tesla Inc. rises on Thursday, outperforms the market

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Tesla Inc. TSLA shares,
+ 7.94%
rose 7.94% to $ 816.04 on Thursday, in what proved to be a big trading session for the stock market, with the NASDAQ Composite Index COMP,
+ 2.56%
increasing 2.56% to 13,067.48 and the Dow Jones Industrial Average DJIA,
+ 0.69%
rising 0.69% to 31,041.13. This was the tenth consecutive day of earnings for the stock. Tesla Inc. reached a new 52-week record, beating its previous $ 774.00 peak, which the company reached on Jan. 6.

The stock surpassed some of its competitors Thursday, such as Toyota Motor Corp. ADR TM,
-0.56%
fell 0.56% to $ 152.67, General Motors Co. GM,
+ 0.79%
rose 0.79% to $ 43.32, and Honda Motor Co. Ltd. ADR HMC,
-0.25%
fell 0.25% to $ 28.17. Turnover (49.6 M) exceeded its average 50-day volume of 44.9 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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