Shares of Tesla Inc. (NAS:TSLA) advanced 1.70% to $751.94 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index (NASDAQ:COMP) rising 1.02% to 14,896.85 and the Dow Jones Industrial Average (DOW:DJIA) rising 1.00% to 34,258.32. This was the stock's second consecutive day of gains. Tesla Inc. closed $148.46 short of its 52-week high ($900.40), which the company achieved on January 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Toyota Motor Corp. ADR (NYS:TM) fell 0.17% to $181.59, General Motors Co. (NYS:GM) rose 2.86% to $50.78, and Honda Motor Co. Ltd. ADR (NYS:HMC) fell 0.10% to $30.52. Trading volume (14.5 M) remained 3.6 million below its 50-day average volume of 18.1 M.