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NEW YORK ( TheStreet) -- Tesla Motors (Nasdaq: TSLA) hit a new 52-week high Tuesday as it is currently trading at $124.44, above its previous 52-week high of $122.18 with 586,513 shares traded as of 9:31 a.m. ET. Average volume has been 9.5 million shares over the past 30 days. Tesla has a market cap of $13.88 billion and is part of the consumer goods sector and automotive industry. Shares are up 254.6% year to date as of the close of trading on Monday. Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and electric vehicle powertrain components.