Part 6/8:
He cautioned that the upcoming earnings call could shed light on whether Tesla has truly hit a peak in EV sales—a temporary effect caused by earlier "pull forward" demand. He forecasts that quarter’s EV sales might be at their pinnacle and emphasizes that the market’s focus should be shifted toward Tesla’s AI and robotics developments instead.
Talkington sees Tesla trading within a range, expecting resistance around $460, with the possibility of adding more if the stock dips towards $390. He also noted that autonomous vehicle technology, particularly for robo-taxis, thus far appears promising, citing data that shows Tesla’s autopilot safety surpasses traditional models by a wide margin.