Tesla Robotaxi Day ‘one for the history books,’ Musk says

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Tesla Robotaxi Day will be “one for the history books,” CEO Elon Musk says, hyping up the event that has the potential to be the biggest in the company’s history.

Tesla has been hyping self-driving for years, and at its Robotaxi Day event, it will show off its dedicated platform for the fully autonomous vehicle it plans to release in the coming years.

The event will be more than just an unveiling of a new vehicle. It will also be an opportunity to show what Tesla is capable of, especially as it continues to flex what it and many of its drivers say is the most advanced semi-autonomous driving system in the world.

Analysts believe the event has the potential to present a significant upside for the automaker’s stock.

Baird sees potential Tesla (TSLA) upside with Q3 deliveries, Robotaxi event

Musk has stoked excitement for the event on more than one occasion. Recently, he agreed that the event could be the biggest for Tesla since the Model 3 unveiling several years ago.

As invitations for the Robotaxi Event were sent out yesterday, Musk continued to hype the event, saying it will be “one for the history books.”

Expectations for the event are seriously high. Although there is a probability that Tesla will give rides in its driverless vehicle, there are several other things that could be on the table, including wireless charging.

Some analysts would even like to see the $25,000 vehicle shown, although it seems Tesla will focus exclusively on the Robotaxi.

I’d love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

Tesla Robotaxi Day ‘one for the history books,’ Musk says





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Tesla sends out invites to Robotaxi Event: Here’s the details

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Tesla is sending out the invitations to its Robotaxi Event at Warner Bros. Studios in Burbank, Los Angeles, scheduled for October 10.

Tesla started sending out invitations on Wednesday just after 5 p.m. EDT, with the title “We, Robot,” as it will show off its fully autonomous vehicle platform in about two weeks.

The event was scheduled originally for August 8, but Tesla delayed the event as CEO Elon Musk requested a design change to the vehicle. He said he wanted to show off a few other things as well.

Tesla says you have to be 21 years old to enter the event, and space is limited.

Robotaxi Event from Analyst Perspective

Here’s what some analysts have said about the Robotaxi Event:

Dan Ives of Wedbush said:

“While the knee-jerk reaction will clearly be negative on a delay of August 8th based on this report that just hit, we believe the timing of robotaxis, partnerships, and the ultimate autonomous and AI-driven technology does not change at all for our bullish Tesla thesis. To some extent, we believe this 2-month delay could just make the actual Robotaxi event and prototypes even better.”

Mark Delaney of Goldman Sachs said:

“Whether Tesla provides more details or unveils the new lower-cost model at the 10/10 event has also been a frequent topic in our investor discussions.”

Ben Kallo of Baird said:

“We see the launch of a lower-priced vehicle as a positive for volume estimates in 2025, however, we note that switching production to enable a new vehicle would likely come with some factory downtime, which may create lumpiness in deliveries.”

Adam Jonas of Morgan Stanley said:

“Heading into Tesla’s 10/10 robotaxi event, we are, frankly, struggling to see how the day can live up to investors’ high expectations. Other than demonstrating FSD v12.5 and offering rides in a Gen 1 ‘Cybertcab,’ what else is in store?”

I’d love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

Tesla sends out invites to Robotaxi Event: Here’s the details





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Tesla Q3 deliveries expected to rise 8% YOY: Barclays

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Barclays expects Tesla’s Q3 deliveries to rise 8% year-over-year (YOY). The firm predicts Tesla will report delivering 470,000 electric vehicles (EVs)in the third quarter, more than the consensus estimate of 461,000. 

In the first quarter, Tesla reported delivering a total of 386,810 units. Meanwhile, Tesla delivered approximately 443,956 vehicles in the second quarter.

In a recently released note, Barclays states that Tesla beating the consensus estimate could strengthen TSLA stock and remind investors of “dissipated concerns on fundamentals.” The firm believes that Tesla’s China sales will significantly contribute to the company’s third-quarter deliveries.

Tesla China has reported high domestic sales records over the last few weeks. In August, data from the China Passenger Car Association (CPCA) revealed that Tesla sold 86,697 vehicles domestically in August, its highest sales in 2024. 

September is also shaping into a strong month for Tesla China. In the week ending on September 8, 2024, Tesla registrations hinted that the company sold 16,200 units. The week between September 9-15, 2024, Tesla registrations dipped around 3.7% with 15,600 registrations.

Registrations only provide a hint into Tesla China weekly sales. The company does not provide weekly sales figures.

If you have any tips, contact me at maria@teslarati.com or via X @Writer_0100110.

Tesla Q3 deliveries expected to rise 8% YOY: Barclays





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