Tesla reported fourth-quarter earnings after the closing bell on Thursday, and the stock rose more than 3% after hours. Investors will be listening for updates on the company's AI future and on how Tesla is contending with a tougher EV market.

Tesla is set to report earnings after the market closes today, with traders expecting a sizable move from the electric vehicle maker's stock following the results.

Tesla has faced challenges in the past. Its stock has dropped over 30% within less than 2 months on as many as eight separate occasions in recent years

Tesla shares are up almost 4% after hours as investors prepare to hear from CEO Elon Musk and other executives. The stock began climbing shortly after Tesla reported earnings that beat Wall Street's expectations for earnings and revenue.

Though Tesla sales in Europe collapsed last year as it lost ground to rivals, its shares continue to outperform the broader market.

Curiously, Tesla stock has trailed the market over the past five years. It doesn’t feel that way.

The fourth quarter earnings season kicks into high gear this week, with Big Tech results from Microsoft, Meta, Tesla, and Apple headlining the earnings calendar.