Dan Ives: Tesla’s $2T AI Bombshell! | Jeff Lutz

Wedbush Analyst Dan Ives says Tesla's AI could be worth $1 to $2 trillion, making it the most undervalued AI play today. In this video, we check out Tesla's big moves in autonomous driving, the upcoming Robo Taxi, and what all this means for Tesla's stock potential.
Jeff Lutz is an ex Supply Chain C-Level Exec at several Fortune 100 companies like Google, Lenovo and Motorola. Currently running his own consulting firm.
Follow Jeff Lutz on X: @theJeffLutz
My website: www.HerbertOng...
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Disclaimer: All content on this channel should not be construed as professional financial advice or recommendation to buy or sell any securities.
Author is invested in multiple Humanoid companies and is long TSLA and other stocks at time of original video publish date.
Edited by: Roshan Khatiwada
#Tesla #ElonMusk #RoboTaxi #DanIves #JeffLutz #TeslaNews #investing #teslabot #technology #AI #TeslaFSD #teslastockanalysis #TeslaUpdate #ElonMuskNews #EV #FSD #TSLA #robotaxi #autonomousdriving #TeslaStock #ArtificialIntelligence #WedbushSecurities

[@BrighterwithHerbert]

I hope this video helped you get brighter about Tesla! My website: www.HerbertOng.com See the MOST comprehensive resource for the $TSLA Investor Join this channel or my Patreon to get free access to 15+ modules of TSLA investor resources Join this channel: kzbin.info/door/4DBLlq1x0AKmip1QJUcbXgjoin Join my Patreon: www.patreon.com/brighterwithherbert Thank you for supporting this channel! I really do appreciate your likes, subscribes and comments. Let's get brighter! Herbert

[@Williamesq12327]

I already own shares of TSLA, NVDA and APPL as well. Sure, I don't mind having these equities sit around for a while, but I'd also like to appreciate short-term opportunities that could fetch $200,000 or less..

[@tahirisaid2693]

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She's known as a 'Angela Lynn Schilling'. One of the finest portfolio managers in the field also widely recognized. Just research the name. You’d find necessary details to work with and set up an appointment.

[@KrustyKlown]

Musk is diverting Nvidia GPUs from DOJO to his startup xAI. Seems obvious he knows the enormous value of AI and wants it for himself, not for TSLA share holders.

[@lowbrow]

@@tahirisaid2693no very bad manager

[@georgeearling905]

But my question is what stocks can be the next APPL in terms of growth for the next decade? I've set asides 500k to invest and my goal is to retire comfortably rich.

[@Sanchyfab]

finding it more productive and safe to buy growth/ blue-chip stocks rather than tech stocks. It's advisable to work with a fiduciary advisor for well-diversified portfolios instead of relying solely on speculations.

[@V.stones]

I Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.

[@sebastiaanthijn7982]

At times not just creating smart investments but buying assets can improve your profit margins in the long run.

[@rodgertim2881]

My portfolio is well matched for every market season yielding 60% from early last year till date. I and my advisor are working on a 7 figure ball park.

[@rodgertim2881]

consulting with a financial advisor can provide personalized insights and help align your investment strategy

[@andyonions7864]

The first thing half of FSD customers will do with Grok is say "Grok, imitate KITT from Knight Rider from now on".

[@RL.777]

🤣🤣😂😂

[@jjamespacbell]

I can see myself doing that for 1 day then just like Siri, I turn off the voice.

[@wydryfly]

“Kitt, Hit Turbo Boost!” Can’t wait.

[@markocean281]

Another great video, thanks! I think the market is over-heated. And I am concerned that people are focusing less on fundamentals and just chanting the mantra of dollar cost averaging and driving the market higher without considering fundamentals. It is a catch-22 for me. I mean I like stock prices going higher but I also hate buying over-priced stocks and ETFs. Personally, I have stopped buying growth ETFs- they are ridiculously over-valued. Dividend stocks and ETFs are a little better but they are still over-valued. There is some hope with small and mid caps. I am not sure they are undervalued but at least they are less over-valued..This pattern offers a valuable insight for strategic planning. Despite these trends, i have delve deeply into active trading and managed to grow a nest egg of around 100k to a decent 442k in the space of a few months... I'm especially grateful to Kelvin Hurdle, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape

[@patrickanderson468]

I heard his strategies are really good, How do I reach your Coach/mentor...

[@markocean281]

Kelvin Hurdle program is widely available online.

[@mirkoriedel38]

This is why it is advisable to connect with a true market strategist in order to avoid missing such opportunity and maintain steady gains.

[@markvanbeek33]

Kelvin Hurdle knows his stuff! His advice have been invaluable to my trading journey. Definitely worth giving a shot!

[@RogerCarbone457]

Access to good information is what we investors needs to progress financially and generally in life. this is a good one and I appreciate

[@Synthwalk]

Honestly i don't think 8/8 is a guarantee.. Elon already said 8/8 is the "Tesla robotaxi unveil", the assumption is that it will be about the car itself and robotaxi network/app details. In my opinion if that's all that's gonna happen, the stock could actually tank because the market would see that as more "words and promises" specially if the car they show is the one without steering wheel/pedals which requires FSD to be perfected to be of any use. For 8/8 to become a stock rally they need to show the car, the app, and then announce either a solid partnership solidifying the claims or some kind of trial run of the network relatively soon to ground the announcements in reality as far as the market is concerned.

[@emichael4393]

Yesterday I referred to Jeff as Bob. Sorry Jeff. You add a tremendous value to this channel.

[@rhiantaylor3446]

Tesla's focus on FSD is now about reducing "interventions". Currently there will always be a driver in place who can correct these issues but in a car without controls, it is not clear how passengers are supposed to recover from these (hopefully rare) situations. At the recent shareholder event, Elon was scarily vague about this.

[@CarloHerrmann]

Elon did mention remote accessing the car ..after a certain hesitation

[@arguanmodeth]

In a car without a physical steering wheel, your options are a virtual steering wheel which can be on your phone, for use by mechanics or emergency rescue response or a remote control. Or a verbal interface where you just tell the car what it should do, and if it agrees, it would do that. Remote control brings up murder mystery movie type of scenarios where the government or terrorist hack it remotely. Verbal controls bring in unknowns of passenger motivation and intelligence of the system.

[@NorthN2TheEast]

Someone sitting at a desk at Tesla monitoring and intervening

[@conceptrat]

Tesla's FSD is now clearly in the crosshairs of the US regulators. Will it be allowed on the roads at all? Robotaxi might be a China only product that has Baidu tech at its heart.

[@rwhirsch]

August 8th historic day for Tesla.....nothing burger for Tesla stock

[@dattajack]

Rome wasn't built in a day. Was worth a shit ton once it was done though

[@GeneticBen]

This seems like the worst period. Even the market are now very unpredictable. Started investing recently when the market prices were a bit high,today I am more than 60% down!.. .......

[@captain33q]

Thanks you Christen wilburn Despite all the financial struggles i and my family faced, everything is finally falling into place! $67,000 monthly profit and riches I'll always praise the Lord!!!

[@phelps078q]

You trade ?? Wow that's huge, how do you make that much monthly?

[@phelps078q]

Please how can I reach her?

[@phelps078q]

This summer is making me poor please I want to join the moving train

[@captain33q]

Paying off your mortgage is such a blessing! So many people are struggling to pay their rent right now with how inflation is and those in a house. She is so okay!

[@chasbeggs3366]

The improvement in my Tesla self driving is amazing.. I subscribe monthly and I think i'm going all in when it is approved for full rollout. It seems to copy my driving habits, especially cutting this one roundabout. Very nice. I like the way it sees forwards and backwards on on ramps. Better than my driving in this particular instance. Kudos to the Tesla Team!!!!!!

[@KrustyKlown]

Most people aren't going to pay $100 a month for FSD that requires keeping their hands on the steering wheel... it's a joke. Subscription crap for your car, has NEVER been highly popular, nobody wants to pay extra. satellite radio comes to mind as an example.. SiriusXM's revenue has grown less than 1% per year over the last 15yrs.. nobody wants it.

[@MacBjorn]

Think about how you can put your kid into the car for drop off and pickup to school. Elderly can get back into the car again and "drive", your car can Uber you to events, park itself and come back a few hours later for pickup

[@keziasarah]

Just one small problem - Needs to be L5 Lol - will take years and hoop after hoop to jump through for reg approval - Optimus will be drawing a pension before FSD is up and running... 8/8 will be a nothing burger..

[@richarddevenezia8186]

More likely dogs will drive themselves to the dog park before parents let the car drive their kids to school. In home Grok TITS will sea change schools anyway.

[@raylachman8101]

Cannot wait till WS finally awakens 🎉🎉

[@darylfoster7944]

It will awaken when the profits awaken

[@lesbendo6363]

We have Kitt, The Matrix and Marvin the robot converging into our reality. 🇨🇦

[@jmbelarmin]

Interesting about Ferrari’s 180 turn. Ferrari customers probably sick of getting blown by Teslas at stop lights 😂.

[@DarylOster]

No robotaxi in 2024. However on 8-8 the $25k car AND roadster are likely to be introduced. Also we are likely to see optimus doing some incredible things...

[@U2B_Viewer]

11:55 incredible to see how they are so spot on all those years ago

[@ranig2848]

Once Grok is integrated into Tesla vehicles, this will be the beginning for RoadNet (aka SkyNet) - physical robots that can reason/think 😬😮

[@MrGorgefla]

About time. When I drive my model Y or 3 that was the expectation. I have expected this from the iPhone for years. Just sitting here expecting too much. The smart car and phone have only been a tool so far. Not much better than my Mac of PC.

[@opinionmatters7119]

Agree. The ones that don’t see Tesla as multi trillion in evaluation is simply blind to the facts. Hold on to your Tesla shares.

[@keziasarah]

Nah - We just don't swallow Elon's BS - Rem the "4.5T by 2025" well do you really think tesla will 8x in 18months - LOL!

[@lucalla]

tHeY'rE a CaR cOmPaNy

[@dean9246]

cool knight rider clip 👏👏👏

[@carl-Sp]

If you make a robotaxi, it’s gotta have immediate utility. You can’t stockpile. It only creates an ever growing expense to keep them housed, charged and looking new. Thinking caps on guys. What can you do with a two seater w no controls, other than robotaxi? Private roads runabout using PlayStation controllers?

[@gaetanguimond1911]

knight rider was a smart AI car.

[@grahambrown42]

8/8 I think this time will be different. The SP will go up!

[@keziasarah]

Yeah for a couple of days lol

[@health101DOTorg]

Another way to minimize latency when asking Grok/Tessie a question is to pull from local memory an immediate generic beginning to an answer, and as that is happening, Grok goes out to the Grok mainframe for the details and seamlessly integrates the info into the answer it's in the process of giving. The passenger won't notice this. A few seconds of "small talk" or "vamping" is all that's needed to give the impression that the entire response was sourced locally! Brilliant!

[@ranig2848]

Easy to estimate since we know how many miles are done with FSD 12 and good idea about Tesla training datacenter size… very likely compute, including inference, is larger than any other system and will grow rapidly as FSD matures.

[@michaelwilliams6784]

The public has to have enough money to afford these terrific new features. Many do, but the majority don’t. We need a more affordable model.

[@cl5619]

We should start seeing robotaxis by 2030

[@user-fb8jb5yi6g]

I just took a road trip using 12.3.4. It's pretty good.

[@trent1615]

2030 completely rolled out globally maybe but it will be in limited markets likely next year.

[@fredbloggs5902]

Robotaxis are ALREADY operating in some cities.

[@cl5619]

@@trent1615 I think it’s going to take longer than people are expecting for FSD. There are so many challenges and edge cases to prepare for. One major problem FSD has is weather that impairs visibility

[@audience2]

Dan caters to the audience. He is bullish on way up and bearish on way down.

[@fractalelf7760]

Show us an example.

[@ramon2786]

Agree - follows the bouncing ball. “Adult in the room …” pffft He’s a dill

[@fractalelf7760]

@@ramon2786 So beyond accusations what evidence you have for this comment?

[@davidwill1320]

For the cybercab to work it will need to have the capability of communicating with passengers. Just as we verbally give instructions to a taxi driver the same will be needed with an autonomous cab.

[@Elonics101]

Not Kit the car, should be Mr. Ed the talking horse…Mr. Ed Mode

[@brianjudelson5443]

Hey Jeff These frames suit your face much more than the heavy black ones Just saying

[@Turtytreeandaturd]

Tesla/Ferrari partnership deal with FSD?

[@darylfoster7944]

Another "bombshell"? Can't wait.

[@matthewholland2714]

We’ll need an announcement of inductive or wireless charging alongside robotaxi announcement on 8/8.

[@BrunoHeggli-zp3nl]

Wow this is horrible,Tesla only sold around 11000 Cybertrucks until now!

[@lukevo6485]

Why is this horrible? They sold every CT they made. They ramp up production 1300 a week now.

[@fredbloggs5902]

Begone troll

[@BrunoHeggli-zp3nl]

​@@lukevo6485Just 11000 in more then 6 month!Thats not a Lot!

[@philjans1]

FSD will not happen until they use MORE than camera. Hard rain and snow will be a show stopper for people and FSD cars.

[@DanaLarocca-zn1nf]

Could be more value in advertising and entertainment than cab service revenue. Literally a captive audience.

[@fredbloggs5902]

Correct. Long term taxis may become free… …but you can pay to turn the ads off 🤣

[@amyniemann9564]

Thanks guys

[@KaliYugaSpice]

1:44 "Do you think that this is the man that can lead Telsa to the future?" Do these idiots hear themselves?

[@williampmcd8548]

Guys neither the car nor the robots will *literally have a brain.

[@MarkXHolland]

Dan is OK but I don't think he really gets it.

[@EmuMan44]

How can Elon integrate grok and also abuse Apple for integrating chatGPT?

[@fredbloggs5902]

ChatGPT is operated by OpenAI which is owned by Microsoft.

[@hillmans69]

What you and Dan Ives are both missing is that the *entire* Tesla fleet with HW3 and newer will be able to be Robotaxis the day FSD graduates to "unsupervised"! Click a button in the Tesla App and voila! It's a Robotaxi! Click another button or schedule when you need it back. Millions of Robotaxis on day one, no need to wait for the dedicated version to be produced.

[@jjamespacbell]

The initial RoboTaxi fleet will be Model Ys, a modified Model Y but not a new platform. Model Y costs less than $35,000, with life of 200,000 miles = $17.5 per mile Model Y is the safest vehicle currently available for sale this is a big deal Model Y is a 4 or 5-passenger vehicle that will handle most fares Current production lines are available for tweaking. We will know when FSD is available for RoboTaxi when FSD UNsupervised is available for general release,, this will double Tesla sales alone if priced at $5,000 per less or if available for $0.10 per mile

[@TeslaEVolution]

Can't wait for GROK to enter our Tesla to use it to talk to the Tesla : ) It'll happen soon. Just needs to be pushed out. "Grok, what is best AI stocks to buy now?" : ) LOL.

[@AlphaCrucis]

I like the outro music. What is it?

[@Shownup007]

I got to work at exactly 10 o’clock. 😁

[@bwigfors]

What about the charging? How soon can they be done without human involvement?

[@fredbloggs5902]

Tesla bought a company with basic patents in more efficient wireless charging last year.

[@health101DOTorg]

Herbert, my guess is that the CyberCab will be a two-seat, two-door vehicle with falcon-wing doors, and that on August 8, the app will be demo'd first, and while doing so, a car will be requested, the app will say "arrives in 2 minutes", and in 2 minutes a CyberCab will pull onto the stage. Elon will get in (with a 4GLte connected GoPro) and he'll tell Grok to take him to the XYZ building, and the CyberCab will drive off, out of the building, through the tunnel under the Interstate, and arrive at the destination. Then Elon will tell it to go back to the stage. Now, THAT would be an impressive reveal!

[@Nola2212]

Dan moves with the momentum. Nothing unique

[@jovan51212]

I believe in Santa! 😂

[@timmiet47321]

That's a huge gap between 1 and 2 trillion.

[@Angeleye500]

5-10 would be more precise

[@Reversal872]

Dan woke up and chose Robotaxi in 18 months instead of Robotaxi in 5-10 years. 2 Months ago he said robotaxi is at least 5 years away.

[@spacecadet4902]

Thanks for the discussion! IMO calling Tesla robotaxi or optimus recognition by the public a chatGPT moment is an insult. ChatGPT is a parlor trick. The big claim to fame is the millions of instantaneous users. That was enabled by Microsoft. and it was a freebee. I big hype accomplishment and much less.

[@logicthinker7229]

All i need to know when investing in stocks are 2 things : The company has a future plan. The company does something that is futuristic tech upgraded and almost no competetion for the first 5 years atleast. There for i think ppl should put money in tesla stock thinking about it being doubled or more in the next 5 years which by doubling alone will give you 20 % on your investmant per year.

[@kurtg3891]

i think its going to take a long time for the market to wake up to the AI potential,,, especially because Tesla is usually very delayed on their initial time predictions on any type of its EV progress...

[@claudiaaquino7238]

I really appreciate your channel!

[@Georgia_Buddy]

What do you guys think about the recent news reports saying people don’t want EVs? They claim current EV owners want gas vehicles on their next purchase. Sounds like typical FUD but would love to hear a discussion and see data on what’s happening in the market. FOX news is full negative on Tesla, I’ve heard several of their talking heads say they are too expensive and charging costs are the same as gasoline costs. Today there was a report of an Arizona woman who put a toddler in the car seat, closed the door, then could not open the door due to a dead battery. The child was inside getting hot. She called the fire department. They ended up breaking the window to get the toddler. Was there a better option for the woman? News like this will no doubt scare some potential buyers.

[@fredbloggs5902]

Seems to me it’s YOU spreading the FUD. Teslas warn the user when the battery is failing and needs replacing, it’s NOT Tesla’s fault that she ignored those warnings.

[@Georgia_Buddy]

According to the news report, her car did not warn her as it should have. I love Tesla and would like to correct this if not true. I don’t know.

[@sebastiendurand9367]

What's the status with FSD Ford partnership?

[@fredbloggs5902]

Unknown, but Farley dropped some hints recently that could be interpreted as meaning they’re already trying it. See SMR’s review.

[@jrsands]

Jeff Lutz… what a gift!

[@keziasarah]

Earning before 8.8 - tesla already 10% behind YoY - Share price in the gutter soon.

[@fractalelf7760]

Elon is no fool - he knows he has something at least for 8/8, it may not be a full product release, but a reveal to change the Tesla narrative is the point - making clearer to the market Tesla is most certainly if not the leader in real world AI over silly LLM games. This going to be a stock primer for the next rally.

[@goarmysleepinthemud.]

He is not a fool, but he is a clown

[@fractalelf7760]

@@goarmysleepinthemud. Autism speaks.

[@royrodgers3296]

@@goarmysleepinthemud.just joined, no subscribers, just putting up crap comments on everyone else’s comment. I smell a trollbot:( Why all the FUD Bud?

[@RandyOrchen23]

Tesla is the biggest AI project on planet earth -Kathie Wood

[@KrustyKlown]

TSLA shareholders should have mandated that Musk keep xAI as part of Tesla, BEFORE giving Musk a $50B paycheck. Now they have NO Leverage to keep Musk from yanking out more high value opportunities like xAI.

[@user-jo1nh6cl1k]

Why own a car if you can’t call a robotaxi

[@johnlucich5026]

ELON = ETERNITY-But- Government is “ OUT-of-Date-YESTERDAY ! ?

[@triage2962]

Pum and dump nothing more. Tesla is Overvalued.

[@carlnewell3682]

I was wondering if there would be any contrarian opinion here. I got out of Tesla stock about a year ago. I have become very skeptical of all of the Elon / Tesla hype.

[@DavidSaintloth]

Now you're cooking with grease. Groc integration is going to make the experience of being in a vehicle. Absolutely magical. When you get in the car, the car is going to greet you. It's going to tell you a little bit about the weather. It's going to say ask you. If you're comfortable. Are you ready to depart? Then it's going to take off as it's driving. You can have the option of having it describing the path for you as you're moving through it. Or you can have it perform some other background research on your behalf while you're attending to your own affairs. Not even paying attention to the ride. It's going to be completely amazing. It's going to be like kit from Knight Rider and that's entirely possible now. There's no reason why we should not have that in the robotaxi. It will give Tesla a Apple like user experience advantage that will make everyone want to get into one of these just to sample the experience. If not, just to use it for autonomous transport.

[@tireddad6541]

A decent Grok in the car, that could be huge. Want a French lesson? How about help me plan a vacation? I am looking for houses to flip....

[@FOREX25892]

Fool will buy at $500 per share, do not buy now 😂

[@goldenbeers88]

1st unless I'm blocked again

[@fredbloggs5902]

KZbin routinely deletes all comments deemed unacceptable.

[@evelynbaitz2732]

I don't think robotaxi is ready in 2024

[@fractalelf7760]

Depends on what is “ready”…

[@mikafiltenborg7572]

Robotaxi 8/8-2024 🚖🚖🚖🚖🚖

[@audience2]

People will still be saying that when it is in operation.

[@goarmysleepinthemud.]

@@audience2when is that magical day?

[@jrsands]

That’s a premature assumption. How do you make that assessment/assumption without first waiting to see what is presented to the public on 8/8?

[@tylertroy1696]

Grifters. Shame on your houses.

[@fredbloggs5902]

Yet here you are 🙄

[@tylertroy1696]

@@fredbloggs5902 I come to save you brother!

[@deschua76]

$2T is not even a fart bomb! That’s a super Low Ball!!

[@Vivienedouglass]

I already own shares of TSLA, NVDA and APPL as well. Sure, I don't mind having these equities sit around for a while, but I'd also like to appreciate short-term opportunities that could fetch $200,000 or less..

[@Adambarking]

I'm sure the idea of an invstment-Adviser might sound controversial to a few, but a new study by Motley-fool found out that demand for Financial-Advisers sky-rocketed by over 42% since the pandemic and based on firsthand encounter I can say for certain their skillsets are topnotch. I've accrued north of 580k within 16-months from an initially stagnant Portf0lio worth 85k.

[@victoriaabott]

Inflation is over 10%, but as we know it's definitely way more than the Government would like to admit. My plan is to earn more passive income and ride this out, can your Investment-adviser assist?

[@Adambarking]

Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with 'MICHELE KATHERINE SINGH' for the last five years or so, and her returns have been pretty much amazing.

[@victoriaabott]

She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.

[@Greennomad2023]

Haha bots don’t own shares how can this be?😂