Core Viewpoint - Tesla's stock has seen significant volatility, but recent developments, particularly CEO Elon Musk's stock purchase and the launch of the robotaxi service, have reignited investor excitement [1][2]. Group 1: Stock Performance and Investor Sentiment - Tesla's stock experienced a remarkable comeback, gaining 76% since early April, largely driven by excitement surrounding the company's robotaxi service [2]. - Musk's recent purchase of over 2.5 million shares, valued at nearly $1 billion, has further fueled investor enthusiasm, suggesting confidence in Tesla's future [8]. - The stock's current valuation is high, trading at 237 times earnings and 169 times next year's expected earnings, indicating a risky investment environment [11]. Group 2: Robotaxi Service Launch - Tesla officially launched its robotaxi service on June 22, with a pilot program currently in operation using 10 to 20 Model Ys [4][5]. - The company aims for "open access" to the robotaxi service by September, which could significantly impact its market position [5]. - Cathie Wood of Ark Invest estimates that by 2030, Tesla could control 50% of the global robotaxi market, potentially leading to substantial growth [6]. Group 3: Financial Targets and Incentives - Tesla's Board of Directors proposed a $900 billion incentive package for Musk, contingent on achieving a market cap of $2 trillion and eventually $8.5 trillion, alongside significant increases in operating profits [7]. - The company's auto sales revenue fell 16% to $16.7 billion in the second quarter, marking the third consecutive quarter of year-over-year declines, which raises concerns about its core business [10].