Tesla shares rose about 3% before the bell on Thursday as plans to roll out cheaper electric vehicles and paid autonomous car services by the automaker that missed Wall expectations for fourth quarter lifted investor sentiment.

Tesla investors will look for more details on the automaker's lower-priced model when it reports quarterly results on Wednesday.

Tesla is planning to launch more electric cars this year, including some cheaper ones, according to its latest investor relations report. It’s likely the new cars will include variants of existing models,