Overview

• Tesla delivered 443,956 vehicles in Q2 2024, surpassing analyst estimates of 439,000.
• The stock has risen over 25% this week, marking its longest winning streak since last summer.
• Analysts have raised their price targets, citing renewed optimism in Tesla's performance.
• CEO Elon Musk emphasized the company's focus on AI and robotics, with plans for a Robotaxi reveal in August.
• Despite the rally, Tesla faces challenges including high interest rates, increased competition, and declining margins.