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Shares of Tesla Inc. (TSLA) rose 5.14% to $761.61 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 2.76% to 11,984.52 and the Dow Jones Industrial Average rising 1.34% to 32,654.59. Tesla Inc. closed $481.88 below its 52-week high ($1,243.49), which the company reached on November 4th.
The stock outperformed some of its competitors Tuesday, as Toyota Motor Corp. ADR (7203.TO) rose 0.48% to $159.98, General Motors Co. (GM) rose 2.70% to $38.10, and Honda Motor Co. Ltd. ADR (7267.TO) rose 2.27% to $25.20. Trading volume (26.3 M) remained 10,093 below its 50-day average volume of 26.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2022.
(END) Dow Jones Newswires
May 17, 2022 16:33 ET (20:33 GMT)
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