Tesla Inc. Stock Advances 3.9%, Outperforms Competitors

Dow Jones

Mar 01, 2025

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Tesla Inc. rallied 3.9% to $292.98 on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.6% to 18,847.28 and the Dow Jones Industrial Average rising 1.4% to 43,840.91.

The stock's rise snapped a six-day losing streak.

Tesla Inc. closed 40.0% short of its 52-week high of $488.54, which the company achieved on December 18th.

The stock outperformed some of its competitors, as General Motors Co. rose 3.1% to $49.13, Ford Motor Co. rose 2.8% to $9.55, and NIO Inc. ADR fell 3.34% to $4.63.

Trading volume totaled 113.5 million, compared to the 50-day average of 82.9 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

February 28, 2025 16:35 ET (21:35 GMT)

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Stock Advances 3.9%, Outperforms Competitors\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-01 05:35</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  This article was automatically generated by Dow Jones using technology from Automated Insights. \n</p>\n<p>\n     Shares of Tesla Inc. rallied 3.9% to $292.98 on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.6% to 18,847.28 and the Dow Jones Industrial Average rising 1.4% to 43,840.91. \n</p>\n<p>\n     The stock's rise snapped a six-day losing streak. \n</p>\n<p>\n     Tesla Inc. closed 40.0% short of its 52-week high of $488.54, which the company achieved on December 18th. \n</p>\n<p>\n     The stock outperformed some of its competitors, as General Motors Co. rose 3.1% to $49.13, Ford Motor Co. rose 2.8% to $9.55, and NIO Inc. 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