Tesla stock jumped around 13% last week as it eyes an advance to 400, a level it hasn't hit since early in 2022.

Tesla's global sales rose 2.3 per cent in the fourth quarter after a sluggish start to the year contributed to the electric car company's first year-over-year sales decline since 2011.

Tesla reports fourth-quarter vehicle deliveries of 495,570, up from a year earlier but below estimates of about 507,000.