$Tesla (TSLA.US)$The highly anticipated Robotaxi will make its debut in early October, combined with the much-awaited third-quarter sales data, causing the stock price to rise. Following a 5% increase on Monday, it continued to rise by nearly 2% on Tuesday. In addition, institutions have recently been bullish in their reports, expressing optimism about Q3 delivery data in the Chinese market, expecting to achieve the best quarterly performance in Chinese history.

Tesla's stock recently experienced a significant turning point in 2024, with Monday's gain keeping its performance relatively flat this year. Analysts believe that Tesla's Robotaxi may drive this upward trend.

After several delays, Tesla will finally launch the Robotaxi on October 10. Also in early October, the company will announce third-quarter delivery figures. Wall Street analysts expect electric vehicle sales to grow by 6% this year, reaching approximately 0.46 million units.

Barclays analyst Daniel Levy stated in a bullish report to investors on Monday that Tesla's delivery volume is expected to exceed the market's general expectations, with around 0.47 million electric vehicles delivered, an 8% year-on-year increase. He noted that while the performance is far behind Chinese competitor BYD, the company's sales in China are expected to increase.

"Given the positive data points reported so far this quarter, especially in China, we believe Tesla's sales trajectory is well understood. Investors are expecting stronger results," Levy wrote on Monday.

Piper Sandler analyst Alexander Potter also expressed positive views, stating that Tesla is expected to achieve its best quarterly performance in the Chinese market to date. This analyst raised Tesla's target price and expected delivery volume, currently estimating third-quarter deliveries of 0.459 million units and an annual delivery volume of approximately 1.75 million units. Furthermore, Potter mentioned that while sales in Europe are weak, Cybertruck deliveries are supporting demand in the USA.

In another interview on Tuesday, Levy said that Tesla is expected to slightly increase its profit margin in the upcoming quarterly earnings report. Nevertheless, Levy still maintains a neutral rating on Tesla's stocks, noting that with the increase in tariffs affecting the electric car market, the Tesla team is 'managing our expectations'.

Over the past year, Tesla has faced a series of notable issues, from major safety concerns and large-scale recalls, to factory closures, layoffs, and intensified competition in the Chinese market. This spring, three Tesla executives resigned. However, following a dismal first-quarter earnings report, Tesla outperformed expectations in the following period due to pricing factors. The total car sales in the second quarter approached 440,000 vehicles, easily exceeding analysts' expectations.

Tesla tends to bet and succeed in markets where other companies face obstacles. Just like Musk's views on space travel and brain chips, her commitment to the self-driving car world also seems distant. Other attempts to introduce autonomous taxis into city traffic are currently quite chaotic, and some are even disastrous.

This spring, Waymo, a subsidiary of Alphabet, was under federal investigation for accidents and traffic rule violations. In June of this year, the company recalled nearly 700 self-driving cars. However, Waymo will make a comeback and recently announced an expansion of its partnership with Uber (UBER.US), bringing Waymo taxis to more cities.

General Motors' Cruise will hit the road again. Last year, one of Cruise's self-driving taxis hit a pedestrian, dragging them 20 feet, leading to the suspension of operations. This time, the return will be with human drivers.

In an article at the end of March, Musk evaluated Tesla's 'Full Self-Driving' mode (FSD) by stating, 'Most people still don't know how good Tesla FSD will be,' he said, 'It will reach superhero levels, to the point where even future human drivers will look strange in tired and drunk driving situations!'

After multiple delays, Tesla's Robotaxi Day on October 10th may showcase whether Tesla has the capability to shift public opinion towards the future envisioned by Musk. Levy stated on Tuesday: 'It will take a long time to truly monetize the value of FSD.'

Editor/ping