If you're going anywhere near Tesla (TSLA) , watch out for the falling knife. The company has been hitting some rough patches as the electric vehicle maker looks to shift from auto-making to focus on self-driving technologies,

Tesla (NASDAQ: TSLA) stock is revving higher in Thursday's trading. The electric vehicle (EV) leader's share price was up 6.4% as of 11 a.m. ET amid a 0.5% gain for the S&P 500 index and a 1% gain for the Nasdaq Composite index.

Unlike traditional automobile manufacturers, the Tesla, Inc. (NASDAQ:TSLA) story has always revolved around CEO Elon Musk’s futuristic visions.

After a brutal stretch this month that brought the stock's year-to-date decline to more than 30% at one point, Tesla's stock has rallied back above the 100-day moving average, Yahoo Finance data shows.

Tesla (NASDAQ: TSLA) stock is making big gains in Wednesday's trading. The electric vehicle (EV) company's share price was up 5.4% as of 3 p.m. ET amid the backdrop of a 0.2% decline for the S&P 500 index and a 0.