Tesla Inc. stock outperforms competitors on strong trading day – MarketWatch

Shares of Tesla Inc. TSLA, +1.89% rallied 1.89% to $433.95 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +1.39% rising 1.39% to 11,579.94 and the Dow Jones Industrial Average DJIA, +0.56% rising 0.57% to 28,586.90. This was the stock’s third consecutive day of gains. Tesla Inc. closed $68.54 below its 52-week high ($502.49), which the company achieved on September 1st.

The stock outperformed some of its competitors Friday, as Ford Motor Co. F, -1.36% fell 1.36% to $7.25, General Motors Co. Source…