Before investors jump in to buy the stock before Jan. 2, they need to consider its valuation. Based on the company's trailing-12-month earnings per share of $3.65, the stock trades at a price-to-earnings ratio (P/E) of 125.That makes it one of the priciest large-cap tech stocks in the U.S. -- it's more than twice as expensive as Nvidia!

Tesla (NASDAQ: TSLA) has been one of the biggest surprises of 2024. 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,

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 (NASDAQ: TSLA) stock investors received an early Christmas gift from Hyundai (OTC: HYMTF) this morning: at least 112,000 new potential customers for its Supercharger electric car charging system.