Shares of Tesla Inc. TSLA rallied 2.05% to $585.76 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.92% to 12,205.85 and the Dow Jones Industrial Average DJIA rising 0.13% to 29,910.37. This was the stock's fourth consecutive day of gains. Tesla Inc. hit a new 52-week high, surpassing its previous peak of $574.00, which the company reached on November 25th.
The stock outperformed some of its competitors Friday, as Toyota Motor Corp. ADR TM fell 0.81% to $140.16, General Motors Co. GM fell 0.88% to $45.06, and Honda Motor Co. Ltd. ADR HMC fell 2.04% to $28.75. Trading volume (37.5 M) remained 6.4 million below its 50-day average volume of 44.0 M.