Tesla Robotaxi Day ‘one for the history books’/ Stock outperform with TP $280 per share - Baird

1) Teslarati:

Tesla has been hyping self-driving for years, and at its Robotaxi Day event, it will show off its dedicated platform for the fully autonomous vehicle it plans to release in the coming years.

Expectations for the event are seriously high. Although there is a probability that Tesla will give rides in its driverless vehicle, there are several other things that could be on the table, including wireless charging.
Some analysts would even like to see the $25,000 vehicle shown, although it seems Tesla will focus exclusively on the Robotaxi.

Tesla stock has been seeing some momentum as of late. But as per Baird analyst Ben Kallo in a recent note, there may be more gains to come for the electric vehicle maker in the coming weeks. In a note to clients, Kallo maintained his “Outperform” rating and $280 per share price target for TSLA stock.

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2) XieJackie from X.com:

Possible events when Tesla Robotaxi is released on October 10:
• Robotaxi
- 2-seater CyberCab released
-Live Robotaxi demonstration
-Robotaxi wireless charging
-Announcement of the cities where the trial operation will begin
- Publish the price of rides
-Announcement of the start time of operation
- Take the lead in implementing Robotaxi under supervision
• FSD
-Future timeline for FSD to successfully surpass human driving
-FSD authorized major automakers announced
-FSD usage rate announced
• New Models
-Compact car launch
-RoboVan released

3) My Take:

Despite Tesla Robotaxi unveiling on 10 October, the so called 'popular' media is reporting it as non-event and/or focus on Q3 delivery still referring the company as 'just a car maker'. Tesla's haters (and someone) is still using such negatively biased info in reporting the company.

As of 27 September, the stock performance is +4.82% YTD  and +31.63% in 3 months. This is due the strong fundamentals of the company, the growth potentials and the recent macroeconomics factors.

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