Shares of Tesla Inc.
rallied 7.39% to $190.72 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index
rising 7.35% to 11,114.15 and the Dow Jones Industrial Average
rising 3.70% to 33,715.37. The stock’s rise snapped a four-day losing streak. Tesla Inc. closed $211.95 below its 52-week high ($402.67), which the company reached on January 4th.
The stock outperformed some of its competitors Thursday, as Toyota Motor Corp. ADR
rose 4.45% to $140.52, General Motors Co.
rose 4.41% to $39.74, and Honda Motor Co. Ltd. ADR
rose 4.83% to $23.44. Trading volume (131.7 M) eclipsed its 50-day average volume of 74.4 M.
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