Tesla shares bumped higher in early Thursday trading following a disappointing fourth quarter earnings update that was somewhat offset by a bullish outlook from CEO Elon Musk, triggering a host of price target changes from analysts on Wall Street.

Tesla is set to report fourth-quarter earnings after the bell Wednesday, with analysts mostly optimistic the electric vehicle maker could benefit from CEO Elon Musk's ties to President Donald Trump.

Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher on Thursday following a rush of profit reports from some of the country’s most influential companies. The S&P 500 rose 0.5%, as four out of every five stocks in the index climbed.

Tesla, IBM and Meta Platforms helped lead most US stocks higher on Thursday following a rush of profit reports from some of the country’s most influential companies. The S&P 500 rose 0.5%, as four out of every five stocks in the index climbed.

Tesla (TSLA) stock gained 4.1% in yesterday’s after-hours trading session fueled by CEO Elon Musk’s comments that the vehicle business would

The Tesla CEO's net worth fell by around $4 billion yesterday, however, according to the Bloomberg Billionaire Index.