Canaccord Genuity analyst George Gianarikas says those who viewed @Tesla’s Q3 earnings call negatively are “flatly wrong.” "The tea-leaf readers whispering about a 'subdued' tone on the call are flatly wrong, in our opinion. This was one of the most unapologetically bullish Tesla calls in many a moon. Think about it, on the call management said that: • EVs have their highest backlog in 4 years, with Musk adding that "...we are producing and delivering as many cars as we can...". • FSD attach rates surged to over 75% of new vehicle deliveries in North America (nearly a 20% QoQ increase), with active subscriptions reaching 1.74 million. Whoa. • High-volume manufacturing of Optimus is officially underway in Fremont, yielding the company’s first production-grade humanoid robots built on a standard assembly line. • Energy storage demand is "very strong" with Musk adding "We're actually almost sold out of all Megapacks for 2027, and we're ramping production as quickly as possible to meet demand. We also expect gross margins on that to increase meaningfully." • Not to mention recent launches of the Cybercab, Tesla Semi, and Roadster (with the latter unlikely to be needle-moving). Call us biased, but between that conference call commentary and shiny new product drops, Tesla appears to be dripping with growth potential. Count us in." George reiterated a $442 price target for $TSLA.