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Tesla hawk says shares of beaten-down stock could rally 40% on ‘golden age' of robotaxis
TSLATesla(TSLA) New York Post·2025-05-24 00:47

Tesla’s rollout of its robotaxi will usher in a “golden age of autonomous” and could send the EV maker’s beaten-down soaring by 40%, WedBush analyst Dan Ives predicted Friday.  “We believe the golden age of autonomous is now on the doorstep for Tesla with the Austin launch next month kicking off this key next chapter of growth for Musk & Co. and we are raising our price target from 350to350 to 500 reflecting this massive stage of valuation creation ahead,” Ives wrote in a note.He estimated that autonomous driv ...