Tesla, Inc. (NASDAQ:TSLA) bull and Wedbush tech analyst Dan Ives expects the EV maker to increase its valuation from $2 trillion to $3 trillion over the course of 2026.
- TSLA stock is moving. See the real-time price action here.
Advancements in AI and autonomous vehicles will make an “historical 2026,” Ives told CNBC on Thursday.
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Ives recently raised his price target for Tesla shares from $500 to a “conservative” $600. The Elon Musk-led company is one of the "best AI plays over the next few years,” he adds.
Ives’ analysis focuses on Tesla's expanding robotaxi network—expected in 35 cities next year—accelerated development of autonomous features, and the commercialization of robotics.
The AI and autonomous vehicle market, together, presents at least a $1 trillion opportunity for Tesla in the near term, he says. Additional upside will come from its robotics roadmap—most notably the Optimus humanoid robots.
A favorable regulatory environment under the Trump administration helps, too. He expects the U.S. to expedite approvals for autonomous vehicles and robotics to maintain an edge in the global AI race.
How To Buy TSLA Stock
By now you're likely curious about how to participate in the market for Tesla (NASDAQ:TSLA) – be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.
In the case of Tesla (NASDAQ:TSLA), which is trading at $422.26 as of publishing time, $100 would buy you 0.24 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.
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