Tesla Inc. Shares Rally in Favorable Stock Market Session

Tesla Inc. Shares Rally in Favorable Stock Market Session

Tesla Inc. (TSLA, +1.33%) witnessed a 1.33% surge to reach $222.18 on Tuesday, marking a favorable trading day for the overall stock market. The NASDAQ Composite Index (COMP, +0.90%) also experienced a 0.90% increase, reaching 13,639.86, while the Dow Jones Industrial Average (DJIA, +0.17%) saw a 0.17% uptick, settling at 34,152.60.

Despite the positive trajectory, Tesla Inc. closed at $77.11 below its 52-week high of $299.29, which was attained on July 19th. The trading volume for the day stood at 116.0 million shares, falling short by 3.8 million shares when compared to its 50-day average volume of 119.8 million shares.

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