Tesla Inc. stock rises Friday, outperforms market

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Terrence Horan

Shares of Tesla Inc.

advanced 4.42% to $442.15 Friday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index

falling 1.07% to 10,793.28 and Dow Jones Industrial Average

falling 0.88% to 27,657.42. The stock’s rise snapped a two-day losing streak. Tesla Inc. closed $60.34 short of its 52-week high ($502.49), which the company achieved on September 1st.

The stock outperformed some of its competitors Friday, as Ford Motor Co.

fell 0.69% to $7.23, General Motors Co.

fell 1.32% to $31.50, and NIO Inc. ADR

rose 0.57% to $19.41. Trading volume (85.2 M) eclipsed its 50-day average volume of 80.1 M.

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Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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