October 12, 2024

Wedbush: Tesla Might Be “Underestimated” By 40%, Yesterday’s Event Will Be “Historic” In 2-3 Years

Claudio Ctin1 mins
Wedbush: Tesla Might Be “Underestimated” By 40%, Yesterday’s Event Will Be “Historic” In 2-3 Years

With Tesla’s stock bleeding nearly 9% in value after yesterday’s robotaxi event, Wedbush’s Dan Ives believes that the event was a glimpse into the future. Ives explained his position during a talk with CNBC earlier today, and he stands out among the pack of Wall Street analysts who were left unimpressed by Tesla’s announcement due to a lack of details. Ives believes that three or four years from now, yesterday’s event will appear “as a historical event” since autonomy is the next leg of Tesla’s story, with the firm poised to be a “clear leader in broader autonomous.” Ives never […]

Read full article at https://wccftech.com/wedbush-tesla-might-be-underestimated-by-40-yesterdays-event-will-be-historic-in-2-3-years/

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