Tesla According to bullish tech investor Dan Ives, it is at the forefront of a new era in its history.
As Tesla prepares to launch its Robotaxi product in Austin this weekend, the automaker will be doing a good job with long-standing ambitions to enter the ride-hailing business.
Ives’ Wedbush Securities is often optimistic about the technology sector and he welcomes the Robotaxi launch. “We see this autonomous chapter as one of the most important chapters in its history for Musk and Tesla,” he wrote in an analyst note published Friday.
The idea that Tesla’s autonomous driving technology will give it a fleet of robots is at the heart of the company’s investment paper. Its CEO Elon Musk has long outlined his vision for millions of self-driving Teslas that revolve around paid customers as the next phase of the company’s future. Musk has said the company’s goal is to allow Tesla owners to make their cars part of its Robotaxi fleet when they are not using them.
“So, it’s a bit like Airbnbyou can add or subtract a house or guest room here,” Musk said in January.
Ive said that by the end of 2026, the best situation for robot promotion can basically double the market value of Tesla. He predicts that Tesla’s market value will be from $2 trillion next year to next year. Tesla’s stock has so far fallen by 15.9% in 2025. The company also reported Disappointing sales results Earlier this year. Tesla shareholders found themselves having to be with forces far beyond their control, such as the sour relationship between the United States and China, its two largest markets, and Musk’s involvement in politics and the Trump administration, which caused significant scrutiny.
Tesla did not respond to a request for comment.
After testing in Austin, the test will start with the geographical coverage locations of about 25 vehicles, and a favorable regulatory environment will make future expansion easier.
“We fully expect that under the Trump White House, these key moves will now become federal regulatory spider webs, which Musk has encountered in the autonomous headroom in the past few years,” Ives said.
But the excitement of Tesla’s most bullish investors has delayed some others. Earlier this month, the investment company Baird downgrades Tesla stock From “buy” to “neutral” as it sees the speed of the Robotaxi plan “a bit optimistic”. Baird It also highlighted the public tiffs between Musk and Trump, which caused uncertainty about Tesla’s future. Argus Research cites Depravity as the main Reasons for downgradingthis is also this month. Argus analysts are worried that Tesla’s stock is trading “non-basic events”, meaning investors buy and sell the stock for reasons that are not financially relevant.
“Looking forward, we are concerned that the spoken war between President Trump and Elon Musk, and the expiration of EV credit, may further undermine demand for the new Tesla,” wrote Argus analyst Bill Selesky.
However, Ives saw the spit. “The BFF/Frenemy situation with Musk and Trump created a soap opera in this regard, but ultimately, Trump wants the United States to stay ahead of the AI arms race, and autonomy is a key factor in winning AI, and he won Tesla to play an important role in Robotaxis,” he said. “We expect the framework of federal autonomy to relax more power in federal regulators over the next few months, while states have less power over the rules of autonomy.”
Tesla’s Robotaxi won’t be the first self-driving car approved for ownership in Alphabet, the United States Waymo Currently available in San Francisco, Phoenix, Los Angeles and Austin. This week, Waymo announced that it has applied for a license to test its self-driving cars in New York. Technology giant Amazon There are also self-driving cars initiative Called Zamx This will be launched in Las Vegas later this year.
