Shares of Tesla Inc. (NAS:TSLA) jumped 12.66% to $1,024.86 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index (NASDAQ:COMP) rising 0.90% to 15,226.71 and the Dow Jones Industrial Average (DOW:DJIA) rising 0.18% to 35,741.15. This was the stock's fourth consecutive day of gains. Tesla Inc. hit a new 52-week high, surpassing its previous peak of $910.00, which the company reached on October 22nd.
The stock outperformed some of its competitors Monday, as Toyota Motor Corp. ADR (NYS:TM) fell 0.67% to $172.23, General Motors Co. (NYS:GM) fell 0.02% to $57.76, and Honda Motor Co. Ltd. ADR (NYS:HMC) rose 0.27% to $30.00. Trading volume (62.2 M) eclipsed its 50-day average volume of 18.1 M.