Tesla is scheduled to unveil its Robotaxi concept on 8/8 but now it's expected to be in October.

I don't think this is a launch announcement but rather announcing a project that will probably take 10+ years to materialize. Just like how long it's taking FSD to live up to its promise. We finally have some potential tech to make FSD viable.

https://www.inc.com/reuters/tesla-delays-planned-summer-robotaxi-launch-until-october.html

Tesla finally dug itself out of the hole and is now in positive territory for the year. Tesla reported 443,956 deliveries well above what investors were expecting.

Bitcoin on the other hand, had a tough weak as reports of Mt Gox's bitcoins stash is being return to its customers which investors are speculating may lead to a glut of BTC hitting the market.

Tesla up more than 8% this week but not sure why. I've been following some prominent Tesla bulls on Twitter and not seeing a reason. Anyone know why? Is it the summer holidays so investors think more people will upgrade to the $99/month FSD, which has $0 marginal cost?

Fairly quiet week across the board. Nothing much to report.

This week's major announcement is all about Tesla's shareholders voting in FAVOR of Elon's massive pay package, which if you recall was previously approved in 2018 but a Delaware judge tried to block it, and voting in FAVOR of moving the legal entity's domicile to Texas from Delaware. 

Both can be seen as bullish events for Tesla but the WoW change was barely changed. There was speculation that Elon would resign from Tesla if the pay package vote failed. I think that concern was overblown because the only source of liquidity for Elon is Tesla currency and he wouldn't want anyone else to guide his nest egg other than him.

Now that this is behind us, the focus will turn back to Tesla's execution and strategy. Will 8/8's Robotaxi announcement blow all our minds or will it be overhyped like all his past announcements?