Shares of Tesla ( TSLA 4.28%) were moving higher today, overcoming a weak earnings report after CEO Elon Musk spent much of the earnings call pumping up the stock and making big promises about autonomy. As of 1:11 p.m. ET, the stock was up 4.7% on the news.

Key Takeaways Tesla is scheduled to post its fourth-quarter earnings report after the market closes Wednesday, with revenue expected to rise from the same time last year.Earlier this month, Tesla recorded its first year-over-year decline in full-year vehicle deliveries in the company's history.

The EV maker's shares have formed a new trading range. Something dramatic will need to happen to snap them out of it.

After being wrongly bearish on Tesla stock last year, this investor is left wondering if he should just bite the bullet and invest. The post Should I eat some humble pie and buy Tesla stock? appeared first on The Motley Fool UK.