Part 8/10:
Regarding regulatory concerns, Ives downplays fears of overreach, pointing out that US tech companies are well-capitalized with substantial cash reserves—around $1 trillion collectively—and generate hundreds of billions in annual cash flow. He regards the current AI-focused spending as necessary and strategic, likening it to wartime investments that will yield long-term growth.
Tesla: An AI and Robotics Visionary
Tesla remains a key component of Ives' bullish thesis. He envisions Musk’s company as an AI-driven enterprise, especially as it advances robotics and autonomous vehicles. He notes a base case target of $600 for Tesla’s stock, with an bullish case of $800, driven by Musk’s push for AI and the potential approval of a significant compensation package.