Is the Tough Stretch Over for Tesla Stock? Investors Watch Key Updates

Investors are keeping a close eye on Tesla (TSLA), with some analysts suggesting that the stock might have put its most challenging period behind it. After facing pressure and seeing its stock price become quite volatile, there's a growing feeling that things could be looking up. A big event on the horizon is Tesla's report on how many vehicles it delivered in the second quarter of the year. This number is a key indicator of the company's performance. Analysts are generally expecting deliveries to be somewhere around 444,000 vehicles, and meeting or beating this figure could provide a boost. Beyond vehicle sales, there are other significant developments that investors are watching closely. These include updates on Tesla's plans for a 'Robotaxi' service, progress with its Optimus human-like robot, and upcoming events like AI Day. These future projects are seen as potential drivers for the company's value. While there's optimism that the stock could rebound after underperforming recently, the upcoming delivery numbers are crucial. Missing those expectations could still present a challenge. However, the overall sentiment highlighted by some experts is that the worst of the difficulties might now be in the past, with attention shifting to these future growth areas.