Tesla Shares Ahead Of Christmas 7.4% ↑..."A gift from Hyundai Motor".

2024.12.25 AM 05:22
Shares of U.S. electric vehicle maker Tesla, led by Elon Musk, Trump's closest aide, closed at $462.25 on the New York Stock Exchange, up 7.35% from the previous day.

Tesla's stock price rose to $488.54 in the past 18 days to hit a new high on expectations for easing regulations on self-driving, but plunged after the U.S. Federal Reserve's theory of adjusting the pace of its key rate cut came out.

Amid optimistic outlooks for Tesla on Wall Street, U.S. media have analyzed that Hyundai's "deployment of Tesla Charger Adapters" announced the previous day has rekindled the stock's rise.Tesla investors have received Christmas gifts from Hyundai, said Mottleful, a financial media outlet specializing in

, adding that at least 112,000 people have been added as potential customers of Tesla's super charger system.

Hyundai Motor said it will distribute charging port-type electric vehicle adapters used by Tesla for free starting in the first quarter of next year to improve the convenience of charging electric vehicles, which is expected to contribute to Tesla's revenue from charging station operations.



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