Tesla has supplanted nVidia as the top attention-getter forinvestors, especially those speculating through options. Tesla accounts for 17%of all S&P 500 single stock options traded, according to Goldman Sachs.There are two major catalysts on the near-term horizon- Q3 deliveries to bereported October 2nd and the highly anticipated Robotaxi event onOctober 10th after it was delayed from earlier this year.
Q3 deliveries are expected to be in the 455-470k region witha Factset consensus of 464k and a Visible Alpha consensus of 458k. China hasbeen seen as a source of strength in the quarter, while Europe remains weak.The buy-side expectations appear more bullish than the sell-side, likely in the465-480k range.
The Robotaxi event was initially scheduled for August 8thbut was postponed to October 10th for the company to have more timeto build additional prototypes. After announcing the delay, the stock topped at$275, only to shed 35% in under a month on the disappointment. But with theevent on the near-term horizon, the buzz has returned about the Robotaxiunveiling, with some also speculating that they could show the new low-costmodel that is expected to ship next year.
Curious to see Daloopa in action? Watch the video now to uncover how our data truly stands out and get an exclusive, deeper analysis!
