Analyst on Tesla (TSLA): ‘It Looks Like a Great Breakout’

Group 1 - Tesla's shares have gained momentum and are expected to "breakout," with analysts noting a bullish setup after a period of consolidation [1] - The company reported strong Q3 deliveries, driven by pull-forward demand due to the end of EV tax credits, but faces challenges with pricing power amid intense competition [2] - Tesla's global deliveries are projected to decline for the first time in 2024, with a further expected decrease of 10% this year [2] Group 2 - Tesla has completed a limited commercial rollout of its robotaxi business, marking a significant milestone and potential market expansion beyond its core operations [3] - The introduction of a refreshed Model Y and plans for new mass-market models are part of Tesla's strategy to enhance its product lineup [3] - The company is also advancing production of its humanoid robot, contributing to its long-term growth narrative [3]