The Tesla Inc. outperforms the market on a strong trading day

Shares of Tesla Inc. TSLA,
+ 2.84%
rose 2.84% to $ 755.98 on Wednesday, on what turned out to be an all-round mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA,
+ 1.44%
an increase of 1.44% to 30,829.40 and the NASDAQ Composite Index COMP,
-0.61%
decreased by 0.61% to 12,740.79. This was the ninth consecutive day of the share’s earnings. Tesla Inc. hit a new all-time high in 52 weeks, surpassing its previous high of $ 744.49, which the company hit on Jan. 4.

The stock performed mixed on Wednesday compared to some of its competitors such as Toyota Motor Corp. ADR TM,
+ 0.08%
rose 0.08% to $ 153.53, General Motors Co. GM,
+ 3.17%
rose 3.17% to $ 42.98 and Honda Motor Co. Ltd. ADR HMC,
+ 2.32%
rose 2.32% to $ 28.24. The trade volume (43.9 million) remained 129,102 below the 50-day average volume of 44.0 million.

Editor’s Note: This story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See our terms of use for market data.

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