Tesla Inc. stock outperforms market on strong trading day – MarketWatch

Shares of Tesla Inc. TSLA, +0.16% inched 0.17% higher to $422.64 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP, -0.27% falling 0.28% to 11,484.69 and Dow Jones Industrial Average DJIA, -0.34% falling 0.35% to 28,210.82. The stock’s rise snapped a four-day losing streak. Tesla Inc. closed $79.85 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, +1.42% rose 1.42% to $7.85, General Motors Co. GM, +0.47% rose 0.48% to $35.77, and NIO Inc. ADR NIO, -0.35% fell 0.36% to $27.86. Trading volume (26.8 M) remained 45.5 million below its 50-day average volume of 72.3 M.

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



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