Tesla shares experienced notable upward momentum on Monday, characterized by significant intraday volatility. The positive shift in market sentiment is primarily driven by mounting optimism surrounding the company’s upcoming second-quarter deliveries report, the resolution of a major federal safety investigation, and new developments in its artificial intelligence pipeline.

A primary catalyst for the upward movement is the wave of optimistic revisions from Wall Street analysts ahead of the quarterly production and delivery report. Barclays raised its second-quarter delivery expectation to 418,000 units, comfortably exceeding the consensus estimate of roughly 406,000. Morgan Stanley similarly boosted its projection to 413,000 units….