Shares of Tesla Inc. /zigman2/quotes/203558040/composite TSLA +3.31% rose 4.24% to $1,051.75 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP +1.19% rising 3.03% to 15,686.92 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.73% rising 1.40% to 35,719.43. The stock's rise snapped a four-day losing streak. Tesla Inc. closed $191.74 short of its 52-week high ($1,243.49), which the company reached on November 4th.
The stock outperformed some of its competitors Tuesday, as Toyota Motor Corp. ADR /zigman2/quotes/200537742/composite TM +0.66% rose 1.54% to $187.44, General Motors Co. /zigman2/quotes/205226835/composite GM +0.09% rose 2.82% to $61.53, and Honda Motor Co. Ltd. ADR /zigman2/quotes/207173990/composite HMC +0.10% rose 1.98% to $28.89. Trading volume (18.7 M) remained 8.6 million below its 50-day average volume of 27.3 M.