Shares of Tesla Inc. TSLA rose 7.94% to $816.04 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP rising 2.56% to 13,067.48 and the Dow Jones Industrial Average DJIA rising 0.69% to 31,041.13. This was the stock’s 10th consecutive day of gains. Tesla Inc. hit a new 52-week high, surpassing its previous peak of $774.00, which the company reached on January 6th.
The stock outperformed some of its competitors Thursday, as Toyota Motor Corp. ADR TM fell 0.56% to $152.67, General Motors Co. GM rose 0.79% to $43.32, and Honda Motor Co. Ltd. ADR HMC fell 0.25% to $28.17. Trading volume (49.6 M) eclipsed its 50-day average volume of 44.9 M.