This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Tesla Inc. rallied 4.6% to $408.95 on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.9% to 25,929.66 and the Dow Jones Industrial Average falling 0.2% to 50,786.01.
The stock's rise snapped a three-day losing streak.
Tesla Inc. closed 18.0% below its 52-week high of $498.83, which the company achieved on December 22nd.
The stock outperformed some of its peers, as General Motors Co. rose 2.0% to $83.77, Ford Motor Co. rose 0.7% to $15.00, and NIO Inc. ADR rose 1.68% to $5.45.
Trading volume totaled 49.1 million, compared to the 50-day average of 59.1 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
June 08, 2026 16:35 ET (20:35 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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