Tesla stock opened up 5.5% at $410.50 before slipping. The initial rise was a surprise for two reasons. For starters, earnings were relatively weak and guidance was “vague,” according to Morgan Stanley analyst Adam Jonas.

Tesla shares rallied Thursday even after delivering a fourth-quarter earnings report that fell short of expectations and sealed a second consecutive year of declining profits, as investors focused on bullish commentary from Tesla CEO Elon Musk and updated production timelines,

Shares of EV maker Tesla (TSLA) fell in after-hours trading after the company reported earnings for its fourth quarter of Fiscal Year 2024.

Coverage and analysis of electric vehicle maker Tesla's fourth-quarter financial results, Q&A call, and the stock's reaction.

Tesla shares opened up 3.6% in Frankfurt trading on Thursday, even as quarterly results at the U.S. electric vehicle maker fell short of Wall Street expectations. Tesla said it was on it was on track to roll out new,