Tesla's stock fell 20% YTD amid 2Q revenue growth of 2%, and an October robotaxi showcase may impact investor confidence and stock price.

Tesla's stock has fallen 20% YTD amid 2Q revenue growth of 2% to $25.5B, while operating expenses increased. A pivotal event for Tesla is its robotaxi showcase, planned for Oct. (originally Aug.), demonstrating progress towards full self-driving capabilities. This event could boost investor confidence and solidify Tesla's premium status, or result in further downward pressure on margins and stock price if progress is not shown.