Tesla Stock Rebounds, Erasing 2024 Losses as Wall Street Analysts Predict Q3 Delivery Growth

Tesla stock has been trending upward over the past month as the company recovers from a challenging start to the year. Third-quarter delivery results are expected to be strong, erasing year-to-date losses. Analysts are optimistic about Tesla’s turnaround and anticipate an increase in deliveries for the third quarter. The highly anticipated robotaxi event, Robobaxi Day, will provide updates on Tesla’s Full Self-Driving progress. Despite some analysts remaining cautious, others have bullish price targets for Tesla stock. The company’s performance is likely to continue into early October, with a positive outlook from Wall Street. Tesla will also return to the Paris Auto Show to showcase its vehicles and new products.