Dan Ives Calls Tesla's Austin Robotaxi Launch A 'Watershed Moment,' Maintains Bullish Views On Tesla

Benzinga

Wedbush analyst Dan Ives reiterated his bullish stance on Tesla, citing CEO Elon Musk’s renewed focus on autonomous driving and the upcoming robotaxi launch in Austin. In an interview with CNBC, Ives called the June rollout a “watershed moment” and said Musk appears more focused and less distracted by politics or cryptocurrency, which has helped Tesla’s brand image. He believes the autonomous and robotics initiatives could push Tesla toward a $1 trillion market cap. Musk reiterated plans for Tesla to launch its ride-sharing platform, allowing vehicle owners to join or leave the autonomous fleet, while dismissing any potential partnership with Uber.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Wedmooch analyst Dan Ives reiterated his bullish stance on Tesla,

00:06citing CEO Elon Musk's renewed focus on autonomous driving

00:08and the upcoming RoboTaxi launch in Austin.

00:11In an interview with CNBC, Ives called the June rollout a watershed moment

00:15and said Musk compares more focused and less distracted by politics or cryptocurrency,

00:20which has helped Tesla's brand image.

00:21He believes the autonomous robotics initiatives

00:23pushed Tesla toward a $1 trillion market cap.

00:26Musk reiterated plans for Tesla to launch its own ride-sharing platform

00:30while on vehicle owners to join or leave the autonomous fleet

00:32without dismissing any potential partnership with Uber.

00:35For all things money, visit Benzinga.com slash GSTV.

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