The article discusses Tesla’s stock price reaction to its Q2 deliveries, the company’s performance in China, and the outlook for its robotaxi project. According to Wedbush analyst Dan Ives, Tesla’s Q2 delivery numbers of 466,000 vehicles were a ‘stellar performance’ that exceeded expectations. However, concerns over softening demand in China and production challenges led to a muted stock reaction. Ives highlights Tesla’s ability to navigate the China market as a key factor, with the company’s Shanghai gigafactory operating at high levels. Looking ahead, Ives sees the robotaxi opportunity as a potential ‘game-changer’ for Tesla, with the company aiming to launch a robotaxi service by 2024. He believes this could unlock a $25 billion annual revenue stream for Tesla by 2027. Overall, Ives maintains an ‘Outperform’ rating on Tesla stock with a $300 price target.