Wedbush analyst Dan Ives reiterated his bullish stance on Tesla, citing CEO Elon Musk’s renewed focus on autonomous driving and the upcoming robotaxi launch in Austin. In an interview with CNBC, Ives called the June rollout a “watershed moment” and said Musk appears more focused and less distracted by politics or cryptocurrency, which has helped Tesla’s brand image. He believes the autonomous and robotics initiatives could push Tesla toward a $1 trillion market cap. Musk reiterated plans for Tesla to launch its ride-sharing platform, allowing vehicle owners to join or leave the autonomous fleet, while dismissing any potential partnership with Uber.
