Tesla The 'Most Undervalued AI Name In The Market In Our View,' Says Dan Ives — Trump's Win A 'Game Changer'

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What Happened: On Monday, while appearing on CNBC’s Closing Bell, Wedbush analyst Ives, who has raised his price target for Tesla to $400 from $300, has called Trump’s win a “game changer” for the EV giant.“Tesla is the most undervalued AI name in the market in our view,” he posted on X, formerly Twitter, while sharing a clip from his appearance on the show.

Elon Musk-led Tesla Inc.(NASDAQ:TSLA) has surged over 40% since Election Day, with analyst Dan Ives calling President-elect Donald Trump’s victory a pivotal boost for AI and autonomous driving.

See Also: Elon Musk Reveals Toughest Part Of Building Tesla’s Humanoid Robot: ‘Improving The Design Of Optimus For Ease Of Manufacturing…’

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Article Details

Author / Journalist: Ananya Gairola

Category: Technology

Markets: United States

Topics: Electric vehicles Benzinga Benzinga neuro Dan Ives TSLA US88160R1014 Donald Trump Tech Elon Musk News Markets Stories That Matter Mobility

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 02:32:01 (2 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 446 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 23541617

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