Investors were disappointed by the absence of updates on Tesla's affordable Model 2 at Elon Musk's "We, Robot" event.

U.S. stocks are rising toward records Friday as big banks rally on a rush of reassuring profit reports. The S&P 500 was 0.5% higher in afternoon trading and on track to top its all-time high set earlier this week.

Strong Q3 earnings reports fueled good numbers on major indices but Tesla's 'We, Robot' event left investors with more questions than answers.