Tesla Inc. Stock Advances 4.7%, Outperforms Peers

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

Shares of Tesla Inc. advanced 4.7% to $370.59 on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 1.2% to 27,190.86 and the Dow Jones Industrial Average rising 0.5% to 51,176.96.

Tesla Inc. closed 25.7% short of its 52-week high of $498.83, which the company reached on December 22nd.

The stock outperformed some of its peers, as General Motors Co. fell 1.3% to $78.27, Ford Motor Co. fell 1.4% to $12.10, and NIO Inc. ADR fell 0.88% to $3.37.

Trading volume totaled 53.9 million, compared to the 50-day average of 38.9 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 02, 2026 16:34 ET (20:34 GMT)