Tesla stock rose in early trading Friday, a sign that it will likely close out another strong week with a big gain. While China’s efforts to jump-start its economy helped this week, the company’s robotaxi event—coming in less than two weeks—is likely to provide support in coming days.

Over the last two years, Tesla has gone from one of the most recommended stocks by Wall Street analysts to a “hold”. This means that the recent bullish activity is likely to result in upgrades to the stock, an incentive for even higher prices.

Shares of Tesla Inc. slipped 1.09% to $254.22 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 0.60% to 18,190.29 and the Dow Jones Industrial Average rising 0.

Deutsche Bank analyst Edison Yu expects Tesla’s third-quarter deliveries to rise year over year and, at least, match Wall Street’s consensus call.

Tesla (NASDAQ:TSLA) is approaching the end of Q3, and it’s almost time for the EV giant to announce its quarterly delivery haul. In fact, Baird

Tesla is set for a massive October with its robotaxi reveal and third-quarter earnings report. But Wall Street also has its eyes on Tesla stock as it battles to keep its position as a Magnificent Seven stock while Broadcom ties it in terms of market-capitalization weighting on the Nasdaq.