Tesla's Big Robotaxi Progress Is Hidden in Plain Sight

Tesla stock declined after Q2 earnings due to margin pressures and delayed robotaxi scaling expectations. However, the company is making significant progress on v15 full self-driving software, with early versions already running in its robotaxi fleet that has logged 380,000 miles without notable incidents. Large-scale robotaxi rollout is more likely in 2027 rather than 2026, but this represents a realistic reset of expectations that could support stock appreciation once investors adjust their timelines.