Shares of Tesla Inc. TSLA, +4.46% rallied 4.46% to $448.16 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP, +1.42% rising 1.42% to 11,326.51 and the Dow Jones Industrial Average DJIA, +0.12% rising 0.13% to 27,816.90. This was the stock's second consecutive day of gains. Tesla Inc. closed $54.33 below its 52-week high ($502.49), which the company reached on September 1st.
The stock outperformed some of its competitors Thursday, as Ford Motor Co. F, +1.35% rose 1.35% to $6.75, General Motors Co. GM, +2.67% rose 2.67% to $30.38, and NIO Inc. ADR NIO, +2.54% rose 2.54% to $21.76. Trading volume (49.5 M) remained 26.9 million below its 50-day average volume of 76.4 M.
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