Tesla Inc. stock rises Monday, outperforms market

© Terrence Horan


Shares of Tesla Inc. TSLA rallied 7.13% to $641.76 Monday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.45% to 12,519.95 and the Dow Jones Industrial Average DJIA falling 0.49% to 30,069.79. This was the stock’s third consecutive day of gains. Tesla Inc. hit a new 52-week high, surpassing its previous peak of $607.80, which the company reached on November 30th.

Video: Jim Cramer on Zoom’s third-quarter earnings results (CNBC)

Jim Cramer on Zoom’s third-quarter earnings results
What to watch next

The stock outperformed some of its competitors Monday, as Toyota Motor Corp. ADR TM fell 0.09% to $138.15, General Motors Co. GM fell 0.20% to $44.31, and Honda Motor Co. Ltd. ADR HMC fell 1.23% to $29.81. Trading volume (55.1 M) eclipsed its 50-day average volume of 38.5 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.

Continue Reading