Tesla is set to release Q3 results on Oct. 22, with focus on Musk’s $1 trillion pay plan and potential xAI tie-up. Shareholder vote on Nov. 6. Analysts like Dan Levy are watching closely. Stock surged 30% since Sept, but concerns remain about AI hype versus fundamentals.

Analysts like Dan Levy and Dan Ives are divided on Tesla’s future. Levy emphasizes AI optimism driving stock rally, while Ives highlights Robotaxi, Cybercab, and xAI as key focuses. Both warn rally based on faith, not cash flow. Q3 earnings will reveal lasting demand or pull-forward.

Tesla beat delivery estimates with a record 497,099 deliveries, driven by U.S. buyers rushing to secure the $7,500 EV tax credit. Concerns about production-delivery gap and regional mix persist. Q3 guidance focuses on capex-efficient expansion and shift to AI/software-led profits.

Read more at Yahoo Finance: Veteran Tesla analyst drops urgent take ahead of earnings