Dan Ives Keeps Faith In Tesla Through 'White-Knuckle' Times: 'Not The End Of The Growth Story'
Portfolio Pulse from Benzinga Neuro
Dan Ives of Wedbush Securities maintains a positive outlook on Tesla Inc. (NASDAQ:TSLA), despite market challenges. He predicts Tesla's growth in unit sales, market share, and EPS, emphasizing the company's potential in AI and FSD technologies. Despite recent downgrades and market skepticism, Ives sees the current market sentiment as a buying opportunity for Tesla, which trades at $162.7, with a 52-week range of $152.37 to $299.29.
March 15, 2024 | 1:24 pm
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Dan Ives of Wedbush Securities remains optimistic about Tesla, highlighting its growth potential in AI and FSD, despite market challenges. He believes Tesla will overcome current obstacles, suggesting a positive future for the stock.
Ives' continued support and positive outlook on Tesla, despite market volatility and recent downgrades, suggest a strong belief in the company's growth potential and technological advancements. His perspective, given his industry influence, could positively impact investor sentiment and Tesla's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100