Part 2/8:
The jump to a $500 target is predominantly justified by Ives asserting that Full Self-Driving (FSD) penetration could exceed 50%, thus dramatically transforming Tesla's financial model and margins. While many agree that Tesla's advancements in autonomy position it as a leading player in the broader technology landscape, critics point out that these views may not reflect a nuanced understanding of the market dynamics that have long been evident.