Tesla's unexpected beat on deliveries marked a "huge comeback performance" for the firm ahead of a pivotal August event in which it is expected to detail its plans for self-driving cars.
In a nutshell, the worst is in the rear-view mirror for Tesla as we believe the EV demand story is starting to return to the disruptive tech stalwart ahead of a historical Robotaxi Day on Aug. 8.
Tesla has struggled throughout the year against competition and consumer demand for electric vehicles, resorting to sales promotions and price cuts that impact its margins.
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