Tesla Inc. Stock Rallies 5.4%, Outperforms Competitors

Dow Jones2025-04-24

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

Shares of Tesla Inc. rallied 5.4% to $250.74 on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 2.5% to 16,708.05 and the Dow Jones Industrial Average rising 1.1% to 39,606.57.

This was the stock's second consecutive day of gains.

Tesla Inc. closed 48.7% 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 1.5% to $45.84, Ford Motor Co. rose 1.3% to $9.78, and NIO Inc. ADR rose 4.80% to $3.93.

Trading volume totaled 148.1 million, compared to the 50-day average of 122.1 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

April 23, 2025 16:34 ET (20:34 GMT)

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