Shares of Tesla Inc. TSLA inched 0.73% higher to $735.11 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.95% to 12,818.96 and the Dow Jones Industrial Average DJIA rising 0.55% to 30,391.60. This was the stock’s eighth consecutive day of gains. Tesla Inc. closed $9.38 below its 52-week high ($744.49), which the company reached on January 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Toyota Motor Corp. ADR TM rose 0.07% to $153.40, General Motors Co. GM rose 2.84% to $41.66, and Honda Motor Co. Ltd. ADR HMC fell 0.58% to $27.60. Trading volume (29.8 M) remained 14.3 million below its 50-day average volume of 44.1 M.