Tesla Inc. TSLA,
rose 1.89% to $ 610.12 on Thursday, which turned out to be an all-round positive trading session for the stock market, with the NASDAQ Composite Index COMP.
an increase of 0.78% to 14,020.33 and the Dow Jones Industrial Average DJIA,
an increase of 0.06% to 34,466.24. The rally in stocks interrupted a two-day losing streak. Tesla Inc. closed $ 290.28 below its 52-week high of $ 900.40, which the company hit on Jan.25.
The company’s shares outperformed some of its competitors on Thursday, such as Toyota Motor Corp. ADR TM,
fell 0.20% to hit $ 180.18, General Motors Co. GM,
fell 2.28% to $ 61.34, and Honda Motor Co.’s ADR HMC.
fell 0.27% to $ 32.74. Trading volume ($ 23.7 million) remained 6.3 million below the 50-day average of $ 30.0 million.