What happened Shares of Tesla (NASDAQ: TSLA) were gaining ground today, on seemingly no company-specific news. Instead, investors may be pushing the electric vehicle (EV) stock higher on positive comments about the EV industry from Volkswagen's CEO. Additionally, investors had a generally optimistic view of stocks today following the release of the Federal Reserve's minutes from its latest meeting. The EV stock was up by 3.9% as of 11:31 a.m. ET. So what First, Tesla investors may be processing comments made by Volkswagen CEO Herbert Diess, who told CNBC this morning that the EV outlook is "very good." Image source: Tesla. Volkswagen is focused on ramping up its EV production in the next few years and Diess said that there's "high demand in Europe and also in the United States" for EVs. Tesla's stock could be getting a slight lift today as investors apply Diess' comments to the entire EV industry. Additionally, Tesla investors may be generally optimistic about the stock as the broader market was rising today. Yesterday, the Federal Reserve released the minutes from its June meeting and while it indicated that a 50- or 75-basis-point hike is "likely to be appropriate" at its next meeting, investors appeared to have already factored in that increase. Investors took the comments in stride and pushed up the Nasdaq Composite by 1.7% this morning. Now what While Tesla's gains today are good, investors should also brace for more share price swings in the short term. Investors are still reacting to sky-high inflation, rising COVID-19 cases in China that could hamper Tesla's vehicle production, and growing fears about a potential recession. All of which means that Tesla investors should understand that small daily gains in the market can quickly be erased. 10 stocks we like better than TeslaWhen our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Tesla wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 2, 2022 Chris Neiger has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla and Volkswagen AG. The Motley Fool has a disclosure policy.Source