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  • 7 weeks ago
Wedbush’s Dan Ives said Tesla’s autonomy and robotics push could lift its market cap to $2T–$3T by 2026 as AI gains traction. The view contrasts with a recent Morgan Stanley downgrade citing valuation and EV headwinds.

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00:00It's Benzinga bringing Wall Street to Main Street
00:02Dan Ives said Tesla's autonomous and robotics push could drive a monster year
00:06and lift its market cap to $2 trillion by the end of 2026, according to a post on X.
00:12The Wedbush analyst said a bullish scenario could see Tesla reach a $3 trillion market cap
00:18by the end of 2026 as its AI strategy gains traction.
00:22Ives' prediction coincides with Tesla's progress in autonomous driving after a driverless Model Y
00:27was spotted in Austin and Musk said testing for rob-a-taxi services is underway with no occupants.
00:33The outlook contrasts with a recent Morgan Stanley downgrade that cited valuation concerns
00:37and expected EV headwinds through 2026, echoing criticism from Osvoth de Motorin.
00:43For all things money, visit Benzinga.com.
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