Artificial intelligence (AI) technology will propel Tesla to $2 trillion in the next few months, according to Wall Street analyst Dan Ives. Ives, who works at Wedbush Securities, highlighted that automobile and technology company’s share could experience a major boost due to its foray into the technology.
Tesla Inc.’s stock rose 1.8% Friday, after Wedbush analyst Dan Ives’ published his latest bullish note on the EV maker, predicting that the artificial intelligence and autonomous driving opportunity will be worth $1 trillion for the company over time.
Cathie Wood, founder and CEO of ARK Investment Management LLC, defended the future of artificial intelligence investments while highlighting Tesla Inc. as a cornerstone of technological innovation during a recent podcast appearance with SoFi's Head of Investment Strategy,
A new video appears to show that Tesla's Optimus robot has mastered the complex process of catching an object in midflight.
A recently spotted Tesla job listing advertises a role to build out a remote teleoperations team for the firm’s upcoming robotaxi fleet. “Tesla AI’s Teleoperation team is charged with providing remote access to our robotaxis and humanoid robots,
Grand View Research estimates autonomous vehicle sales will increase at 22% annually through 2030, and Global Market Insights expects autonomous ride-sharing revenue to grow at 64% annually through 2032. That could lead to rapid earnings growth for Tesla given that software and services earn higher margins than electric vehicles.
Gary Black of The Future Fund LLC confirmed that Tesla's Cybercab won't launch until 2026, dismissing early rollout rumors, while highlighting the company's focus on a $30K EV slated for 2025.
Tesla’s Optimus robot, upgraded with enhanced hands, now catches tennis balls, showcasing improved dexterity and advanced AI capabilities.
Tesla is hiring engineers to design software that a team of human technicians can use to remotely drive its robotaxis.
A new job listing hints the Cybercab fleet may not be as ‘full self-driving’ as advertised.
While long-term investors appear to see substantial upside for Tesla from a Trump presidency, we’d be much more circumspect about Tesla stock at current levels.
The EV maker’s stock gained 3.7% on Friday, leaving the shares ahead nearly 40% for the year and giving it a market value of around $1.07 trillion.