Part 7/8:
Despite some short-term caution, Ives remains highly optimistic. He believes Tesla will dominate roughly 80% of the autonomous vehicle market worldwide, with the company’s AI and robotics divisions poised to catalyze its valuation growth. Ives envisions Tesla’s stock rising well beyond its current levels, potentially reaching $600-$700, driven by its leadership in AI and self-driving technologies.
He stressed that Elon Musk’s active engagement and Tesla’s strategic focus on AI positioned the company as the most undervalued player in the industry. The race to develop reliable, scalable autonomous vehicles and AI-driven robotics is viewed as the most critical frontier for Tesla now, and its successful execution could redefine its industry standing in the coming years.