The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.

By Abhirup Roy and Akash Sriram (Reuters) -Tesla quarterly results fell short of Wall Street targets on Wednesday as financing offers and discounts failed to boost demand for the aging lineup but eroded profit.

Tesla stock is usually volatile after earnings. Technical analysts can help fundamentally minded investors work through the inevitable ups and downs. “Tesla’s last \[resistance\] was near $440, and its most recent low point was around $370,

After an initial drop, Tesla stock has turned higher, up almost 4% in after-hours trading at $403 a share. Any disappointment with fourth-quarter margins has faded probably because of the outlook for 2025.