Shares of Tesla Inc.
advanced 7.82% to $183.20 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
rising 0.99% to 11,285.32 and the Dow Jones Industrial Average
rising 0.28% to 34,194.06. This was the stock’s second consecutive day of gains. Tesla Inc. closed $219.47 short of its 52-week high ($402.67), which the company reached on January 4th.
The stock outperformed some of its competitors Wednesday, as Toyota Motor Corp. ADR
rose 0.95% to $146.71, General Motors Co.
rose 0.35% to $40.11, and Honda Motor Co. Ltd. ADR
rose 0.54% to $24.11. Trading volume (108.8 M) eclipsed its 50-day average volume of 80.8 M.