Tesla, part of the tech sector's "Magnificent Seven," faced doubts earlier this year as its stock lagged behind its counterparts. However, after releasing its Q2 2024 vehicle delivery and production report, TSLA saw an impressive surge, recouping its year-to-date losses with a $150 billion market cap increase in just three days. Now trading at higher levels, TSLA bulls are optimistic about continued gains, especially with the upcoming unveiling of a dedicated Robotaxi. CEO Elon Musk's confidence in higher sales for the year and a busy Q3 and Q4 ahead suggest potential for Tesla to surpass its 2023 delivery numbers. With Tesla breaking a 2.5-year downward trend, momentum is on its side, setting the stage for a strong performance in the latter half of 2024.