Stocks were slightly higher late Thursday morning as 2025 trading got underway following a weak finish to an otherwise banner year for U.S. equities.

The Dow Jones and S&P 500 climbed but soon faded on the stock market today. Tesla fell after the company's Q4 deliveries disappointed.

Dow Jones futures were little changed Tuesday night, along with S&P 500 futures and Nasdaq futures. U.S. markets are closed for the New Year's Day holiday.The stock market ended a strong 2024 on a weak note.

The delivery figures are the first real piece of fundamental news for Tesla investors since the November election sparked a big rally for the stock.

Tesla delivered fewer cars last year than it did in 2023, marking its first year-to-year drop and signaling that the company is struggling to reach new buyers.

Tesla stock took a dive in morning trading on Thursday after the company announced lower figures than expected for deliveries and fourth-quarter production.