Part 2/8:
Ives emphasized that the current stabilization isn’t just a temporary uptick but a setup for Tesla’s most ambitious growth phase yet—the expansion into autonomous driving and robotics. He predicts that these sectors could fundamentally transform Tesla’s valuation, with autonomous driving alone valued at a trillion dollars. The plan involves deploying autonomous technology in 30 to 35 cities within the next year, a move that could push Tesla’s market cap to an estimated $2 trillion, and potentially as high as $3 trillion by the end of 2024. This “golden chapter” signals a major shift from traditional car manufacturing toward high-tech AI-driven mobility solutions.