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Benzinga
71 days

Tesla 'Remains The Most Undervalued AI Play': Dan Ives

1. Tensions between Trump and Musk have eased, impacting TSLA's stock. 2. Dan Ives remains bullish on TSLA before robotaxi launch. 3. Ives predicts $1 trillion AI opportunity for Tesla with favorable regulatory support. 4. Ives expects TSLA market cap could reach $2 trillion by 2026. 5. Wedbush maintains 'Outperform' rating for TSLA with a $500 target.

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FAQ

Why Bullish?

Despite recent tensions, the positive outlook from Wedbush and upcoming product launches suggest potential for growth. Historical data show that product launches typically boost TSLA's stock.

How important is it?

The article highlights key events and projections about TSLA's future, indicating substantial market potential. Insights about regulatory influences and product launches are crucial for investors.

Why Long Term?

Regulatory approvals and market expansion from robotaxi services suggest sustained growth. Previous launches like Model 3 significantly impacted TSLA's long-term valuations.

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