Shares of Tesla Inc. TSLA, +2.37% rose 2.37% to $429.01 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP, +0.74% rising 0.74% to 11,167.51 and the Dow Jones Industrial Average DJIA, +1.19% rising 1.20% to 27,781.70. Tesla Inc. closed $73.48 short of its 52-week high ($502.49), which the company achieved on September 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Ford Motor Co. F, +0.90% rose 0.91% to $6.66, General Motors Co. GM, +2.95% rose 2.96% to $29.59, and NIO Inc. ADR NIO, +1.77% rose 1.77% to $21.22. Trading volume (47.6 M) remained 29.3 million below its 50-day average volume of 76.8 M.