Stock Market Today, Oct. 2: Tesla Rises on Q3 Delivery Beat
Tesla (NASDAQ:TSLA), a global electric vehicles (EV), battery storage, and energy software provider, closed at $370.59, up 4.65%. Tesla rose after reporting Q3 deliveries that beat Wall Street estimates, and investors are watching October earnings and energy-storage trends next.
Trading volume reached 53.9 million shares, coming in about 39% above its three-month average of 38.7 million shares. Tesla IPO’d in 2010 and has grown 23,208% since going public.
The S&P 500 (SNPINDEX:^GSPC) closed at 7,723, up 0.74%, while the Nasdaq Composite (NASDAQINDEX:^IXIC) finished at 27,191, up 1.19%. Among electric vehicle and energy storage manufacturing peers, Rivian Automotive (NASDAQ:RIVN) closed at $14.30, down 3.12%, and Lucid Group (NASDAQ:LCID) closed at $4.13, down 1.43%.
Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.