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Futures are also looking up.
Base metals were mixed on the London Metal Exchange.
Tesla stocks were in favour again amid the prospect of a stronger balance sheet, speculation of a new partnership and a bullish broker note all likely contributing to its 6.88% gain yesterday, IG said.
"The party looks like it will keep raging," IG analyst Kyle Rodda tweeted.
Lithium stocks had soared earlier this month as Tesla shares rose above US$900 and were on the rise again yesterday, albeit not in double digits.
Albemarle (NYSE: ALB) gained 0.7%, Livent (LSE: LTHM) was up 2.5% and in Australian trade, Orocobre (ASX: ORE) was 2.7% higher at the time of writing.
Meanwhile Reuters reported yesterday Tesla was in talks to source a cobalt-free battery for its Chinese-produced vehicles.
Finally, the gold price is around a seven-year high and was last worth $1,606/oz on the spot market.
Barrick Gold shares touched C$27.85 intraday, the highest point in about four years.