At a time when US stocks were weak on Wednesday,$Tesla (TSLA.US)$Up more than 4% against the market trend, easily outperforming other tech giants, continued to surge nearly 7% during today's trading, showing a strong stock price trend.

Although Tesla has risen nearly 25% in the past three months, it has largely relied on the sharp trend from the end of June to the beginning of July - the investors' warming expectations for Tesla's FSD revenue and the anticipation of the Robotaxi, which was originally scheduled to be released in August, became the main driving factor for Tesla's rise in July.

The Robotaxi debut event was originally scheduled for August 8th, but Tesla postponed the event in July because Musk requested design changes, and the company also needed more time to produce prototypes for display. After the market's expectations fell through, Tesla's stock price plummeted, and has been oscillating since August.

Now, Tesla is about to face another crucial milestone: the latest sales data from China has boosted market confidence, Musk shared his optimistic vision for humanoid robot Optimus on the X, sparking market interest once again. There are also new developments in FSD - Tesla has announced plans to launch FSD in China in the first quarter of next year. In addition, multiple catalysts are about to appear in succession - Robotaxi release, Q3 performance, vehicle delivery volume, etc., all of which will be announced intensively in October...

Whether this series of positive catalysts can once again trigger a new round of surges in Tesla's stock price has become the focus of market attention.

Tesla's strong sales in China in August boosted optimism.

In early September, Tesla announced strong sales data. The total number of deliveries from Tesla's Shanghai Gigafactory in August was 86,697 vehicles, a 17% increase from July and a 3% increase from the same period last year. Domestic sales in August reached 630,000 vehicles, setting a new record high for monthly sales in China so far this year, with a month-on-month growth of 37%. In terms of specific models, domestic sales of Model Y exceeded 450,000 vehicles, while Model 3 reached 180,000 vehicles.

According to reports, Tesla's sales in China increased in August, thanks to China's increased subsidies for the replacement of old cars with electric or hybrid vehicles, boosting demand in the world's largest electric vehicle market. Data from CMB International shows that Tesla's deliveries in third-tier cities in China surged 78% year-on-year in July, and sales in second-tier cities such as Hangzhou and Nanjing also increased by 47%.

Tesla humanoid robot Optimus is highly anticipated.

Humanoid robot Optimus has always been a focus of market attention. In Elon Musk's latest post on X, he made an encouraging statement. When replying to a tweet about his health condition, Musk said, 'Just left the Tesla engineering office in Palo Alto. Mostly good, but also some not so good.' He added an exciting sentence, 'The future will be crazy, there will be so many robots...' As Tesla is actively developing robots, the market may see this as a confident indication of the company's belief in robot technology.

In addition, from September 5th to 7th, the 2024 Inclusion Bund Summit will be held at Shanghai Huangpu Expo Park. Tesla will showcase its latest hardcore products, the Cyber Adventure Off-Road Vehicle and the Optimus humanoid robot.

Tesla stated that its goal is to reduce the cost of robots from hundreds of thousands of dollars to tens of thousands of dollars, which requires continuous innovation in manufacturing. Tesla plans to start limited production of humanoid robots from next year, with over 1,000 Optimus robots assisting humans in completing production tasks at Tesla factories.

Has the future arrived? FSD and Robotaxi show promising progress.

Tesla's fully autonomous driving has made significant progress. On September 5th, Tesla's official account, "TeslaAI", announced on social media that the FSD system is expected to be launched in China and Europe in the first quarter of 2025, pending approval from regulatory authorities. Tesla China officials responded that the news is true and the current status is awaiting approval from regulatory authorities.

Behind Tesla's powerful autonomous driving capability are the leading algorithms, computing power, and data as the three cornerstones. In terms of data, according to Tesla's second quarter safety report, Tesla's FSD has accumulated over 1.6 billion miles of driving. However, from a regulatory perspective, Tesla's FSD still needs more testing miles to be able to operate smoothly in the global market. Previously, Musk estimated that Tesla's FSD testing miles needed to reach 6 billion miles to meet the requirements of global regulatory agencies.

Overall, Tesla's data processing capability and its ability to meet safety requirements are gradually gaining official recognition, paving the way for its FSD feature to enter the Chinese market.

Another crucial catalyst for Tesla is the upcoming debut of Robotaxi in October.

According to Bloomberg, Tesla is planning to showcase its highly anticipated Robotaxi at an event at Warner Bros. Explore Company's film studio on October 10th. Earlier, during the July earnings call, Musk also confirmed the delayed release date of Robotaxi to October 10th.

During the July earnings call, Tesla stated that the deployment timing of Robotaxi depends on technological advancements and approval from regulatory authorities. Given its huge potential value, the company is actively seizing this opportunity. In terms of AI software and hardware, Tesla mentioned that they continue to make progress in software and hardware development for autonomous driving and Robotaxi services. Tesla expects the Robotaxi product to continue with its revolutionary 'unboxed' manufacturing strategy.

Wall Street generally believes that Tesla's future growth will mainly come from the execution of AI projects, especially Robotaxi and humanoid robot Optimus, which is also the reason why Tesla's stock price is supported amid the weak trend in electric car sales.

The US multinational independent investment bank and financial services company William Blair stated that Tesla's stock is worth buying because it has established an 'Apple-like' energy ecosystem. Analyst Jed Dorsheimer rated Tesla as 'outperforming the market' and mentioned that as data centers continue to drive the growth in electrical demand and the rise of renewable energy, this electric car manufacturer's energy business is 'undervalued'.

Dorsheimer said, 'Combining the automotive business with long-term opportunities such as artificial intelligence, autonomous taxis, and robots, we believe that Tesla is the technological leader in the future energy field, with an 'Apple-like' ecosystem.'

Mooers, under multiple catalysts,

Do you think Tesla will experience a big increase in this round?

Are you bullish on Tesla's future upward potential?

Let's discuss in the comments section!