Tesla Worth $3 Trillion? Dan Ives Says Autonomous, Robotics Roadmaps Are Keys

Benzinga
2025.10.20 19:29
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Tesla Inc (NASDAQ:TSLA) is expected to provide insights on electric vehicle demand and advancements in autonomous vehicles and robotics during its third-quarter financial results. Analyst Dan Ives maintains an Outperform rating with a $600 price target, highlighting stable demand trends and increased deliveries. He emphasizes the importance of AI initiatives, predicting Tesla's market cap could reach $2 trillion by early 2026 and $3 trillion by the end of 2026, driven by autonomous vehicle production. Tesla stock is currently trading at $446.60, up 1.66%.