Tesla ( TSLA 7.36%) stock investors received an early Christmas gift from Hyundai ( HYMTF -5.25%) this morning: at least 112,000 new potential customers for its Supercharger electric car charging system. Tesla stock is up 4.5% through 10:45 a.m. ET on the news.

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One company that should be at the top, or at least near the top, of any investor list of most-watched stocks has to be Tesla (NASDAQ:TSLA). The U.S. EV maker continues to be one of the most volatile mega-cap names in the market,

However, since then, the stock has been on fire. The company first impressed investors with its third-quarter earnings report, which showed strong profit growth, and CEO Elon Musk predicted that vehicle production would increase by 20% to 30% in 2025, a significant improvement from flat growth in 2024.

Shares of Tesla Inc. advanced 7.36% to $462.28 Tuesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 1.35% to 20,031.13 and the Dow Jones Industrial Average rising 0.

Tesla stock fell while the market rallied on Friday, which makes Monday’s rally a relief for investors watching the stock after its recent rally. “To me, [Tesla stock] was wildly overbought and long hedge funds needed a reason to take some profits,

Tesla's stock price has been on a bit of a rally lately. The price is currently up almost 70 percent since election day, when Donald Trump became president-elect for a second time. This has boosted Tesla’s market capitalization from $807 billion up to $1.