Tesla launched self-driving robotaxis in Austin, but faces challenges with upcoming EV delivery figures.
From Nasdaq: 2025-06-23 20:30:00
Tesla and Elon Musk launched the company’s first self-driving robotaxis for paying customers in Austin, Texas, a big step towards a fully autonomous robotaxi fleet. Despite this, Tesla’s core business of electric vehicles (EVs) faces challenges, with second-quarter EV delivery figures soon to be announced. Investors are closely watching these developments.
Tesla is expected to announce second-quarter EV deliveries, with some analysts predicting a 10% year-over-year decline. While some analysts focus on upcoming initiatives like robotaxis, others are concerned about sales data showing potential struggles in Europe and China. Tesla’s stock is up, but concerns remain about its core EV business’s performance.
Investors may be more focused on Tesla’s future initiatives like robotaxis and Optimus humanoid robots, rather than its core EV business. If Tesla underperforms on EV deliveries, it could indicate fundamental problems beyond Musk’s politics. With Tesla trading at a high multiple, the stakes are high for investors relying on future initiatives for growth.
Wall Street analysts are modeling for second-quarter deliveries of 400,000, with some analysts not expecting investors to be concerned if Tesla misses estimates. However, conflicting opinions among analysts make Tesla a battleground stock, with some predicting a significant decline in stock price. The company’s future performance remains uncertain.
For those seeking investment opportunities, analysts recommend considering “Double Down” stock recommendations for companies with potential for significant growth. Past recommendations for companies like Nvidia, Apple, and Netflix have yielded impressive returns. Joining Stock Advisor provides access to alerts for promising companies in the market.
Read more at Nasdaq: Tesla Just Achieved a Big Milestone With Its Robotaxi Launch. But There’s Another Potential Speed Bump Fast Approaching.