Shares of Tesla Inc. TSLA, +3.93% advanced 3.93% to $1,106.22 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +0.23% rising 0.23% to 15,188.39 and the Dow Jones Industrial Average DJIA, +0.11% rising 0.11% to 36,290.32. This was the stock’s third consecutive day of gains. Tesla Inc. closed $137.27 below its 52-week high ($1,243.49), which the company achieved on November 4th.
The stock outperformed some of its competitors Wednesday, as Toyota Motor Corp. ADR TM, +2.33% rose 2.33% to $206.61, General Motors Co. GM, -0.70% fell 0.70% to $61.03, and Honda Motor Co. Ltd. ADR HMC, +0.99% rose 0.99% to $30.64. Trading volume (27.3 M) eclipsed its 50-day average volume of 26.2 M.