Shares of Tesla Inc. TSLA, +9.47% rallied 9.47% to $1,643.00 Monday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP, +2.51% rising 2.51% to 10,767.09 and the Dow Jones Industrial Average DJIA, +0.03% rising 0.03% to 26,680.87. This was the stock’s second consecutive day of gains. Tesla Inc. closed $151.99 short of its 52-week high ($1,794.99), which the company achieved on July 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Ford Motor Co. F, -2.05% fell 2.06% to $6.66, General Motors Co. GM, -1.66% fell 1.66% to $26.01, and NIO Inc. ADR NIO, +15.60% rose 15.60% to $12.82. Trading volume (16.7 M) eclipsed its 50-day average volume of 13.3 M.