After it reported fourth-quarter earnings Wednesday night, (NASDAQ: TSLA) investors weren't sure how to react. Shares bounced around yesterday before ultimately closing about 3% higher. That positive momentum continued today, and it wasn't solely from investors digesting those results.

The stock jumped as much as another 5% today and was still trading 2.6% higher at 2:35 p.m. ET.

Reactions to Tesla's fourth-quarter financial results were mixed. Competition and slowing demand growth led to lower vehicle pricing, which resulted in sales and earnings missing expectations.

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Source Fool.com