Tesla Stock Soars Amid Optimism for Q3 Deliveries and Robotaxi Unveiling
Tesla's stock has surged by 5%, reaching a two-month high as investors express bullish sentiments ahead of the company's third-quarter earnings and the anticipated robotaxi unveiling. Analysts from Barclays and Goldman Sachs highlight expectations that Q3 deliveries will exceed consensus estimates, contributing to the positive outlook. The stock is outperforming major indices, including the S&P 500, and is viewed favorably amid broader tech rallies following recent Fed rate cuts. While some analysts maintain a cautious stance, the overall sentiment remains strongly optimistic about Tesla's future growth and performance in the EV market.