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Tesla Inc. stock rises Tuesday, still underperforms market

MarketWatch logo MarketWatch 1/11/2022 MarketWatch Automation
© Terrence Horan

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Shares of Tesla Inc. inched 0.59% higher to $1,064.40 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.41% to 15,153.45 and the Dow Jones Industrial Average rising 0.51% to 36,252.02. This was the stock's second consecutive day of gains. Tesla Inc. closed $179.09 below its 52-week high ($1,243.49), which the company achieved on November 4th.

The stock underperformed when compared to some of its competitors Tuesday, as Toyota Motor Corp. ADR rose 0.77% to $201.90, General Motors Co. rose 0.64% to $61.46, and Honda Motor Co. Ltd. ADR rose 2.26% to $30.34. Trading volume (21.6 M) remained 5.3 million below its 50-day average volume of 26.9 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.


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