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 reported fourth-quarter earnings on Wednesday afternoon, and investors looked past revenue and per-share profit misses to focus on news the company kept its goal to launch cheaper EVs in the first half of the year and vowed to have fully autonomous cars on the roads in Austin,

In an earnings call last January, Musk characterized the shrinking bottom line as Tesla moving “between two major growth waves,” an assertion agreed upon by Wa

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

Tesla's fourth-quarter earnings and revenue fell short of analysts' estimates, sending shares down by 4% in extended trading on Wednesday. Automotive revenue sank 8%. The company attributed the decline in revenue to lower average selling prices for its Model 3,

Tesla shares climbed 4% in after-hours trading Wednesday as enthusiasm for self-driving advancements overshadowed weaker-than-expected Q4 earnings. CEO Elon Musk said Tesla’s full self-driving software is making progress.