Why Dan Ives Says Tesla Is "Undervalued"

Wedbush Securities senior equity analyst Dan Ives explains why Tesla is poised to benefit substantially from the artificial intelligence boom. Dan speaks with Tom Keene and Paul Sweeney on Bloomberg Radio.
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[@Tremorr_official]

You know you're rich when you wear sunglasses inside of place like this LOL

[@FoundingFathersUSA]

FSD is the beast.

[@kaijunjiang9763]

What’s FSD? Toyota is the machine of the world. What time are we in?

[@Maverick-xz5oi]

It was undervalued back a few months when it's $140 when everyone was trashing it.

[@goodmushroom]

@@Maverick-xz5oi true true

[@henryquach604]

Dan Ives legendary

[@Cybertruck_69]

The interviewer is so informed he doesn’t even know what FSD is. 😂😂 About right for a blooming 💩

[@gmarie701]

You nailed it...dumb as a fence post.

[@Nieosoba]

Those cars looks old, like something from 10 years ago

[@Kushert]

Once fsd and dojo are unleashed there is no coming back

[@cryptopunk888]

People just don’t understand what a profound change Robotaxi will be to their lives. It’s an iPhone moment of disruption. In 10 years a home would be design without a garage. People will own 1 car or none with a family. People will buy subscriptions of robotaxi for work. Some will buy fleets of Robotaxi like Airbnb. People will fly less and ride Robotaxi to nearby cities. A new business model for servicing Robotaxi, ie clean cars, charging, etc…. Ads will be shown inside Robotaxi. It’s going to change everything

[@CraigMcDonald1234]

You are so Right. 90% of people cannot see the tsunami coming.

[@Destorrrrr]

Homes 10 years from now will be designed the same way they are today.

[@MohHus-r7o]

What if I am late and robotaxi,will drive on over speed and can over take how the machines will understand. It will be on the road not metro train belt which runs on one speed.

[@jimc1654]

@@CraigMcDonald1234 Most people don't see or believe in tsunami till they see it. By that time, it is to late. Just like the earthquake in the east coast. the people have no idea what to do in earthquake.

[@alonkastiel92]

Thanks. I didn’t thought about it. I’ll will choose a 4 hour robot taxi drive. Instead of the hustle of a flight and all its bureaucracy. You are right

[@Derpy1969]

Interest rates are slowly whittling away at car sales. FSD, robotaxi, robots, and energy storage will propel Tesla.

[@Angeleye500]

Great Fashion Icon and smart analyser!

[@peterdenham9510]

Ross where are you ?

[@NIALLY92]

Absolute dinosaurs talking about Toyota🎉

[@KenjiEspresso]

Ok too much drugs. Got to not listen to this guy.

[@TheMagicJIZZ]

It's undervalued compared to Nvidia

[@prolific1518]

​@@TheMagicJIZZ both are overvalued. Tesla is shit

[@Solairethedarksoul]

This guy trying to make Cathy wood look good? Lol

[@prolific1518]

He seems to be connected to actual market movers. His handlers tell him to get out there and pump garbage and it seems to work.

[@aljohnson3717]

@@prolific1518 cope harder. Perhaps you need FSD for your coping engine

[@prolific1518]

@@aljohnson3717 🥱 it's always some new carrot while Tesla loses market share

[@claudiaaquino7238]

I love Dan’s fashion sense ❤

[@anubizz3]

Robotaxi? Aren't we supposed to have it 5 years ago?

[@Flexipop76]

I read "Why Dan Ives is undervalued".

[@cryptopunk888]

“EPIC”

[@ironaddictions8590]

LOL...Toyota WAS..it is no longer...the old suit needs to wise up.

[@rgs97]

What is he wearing 😂😂😂?

[@Tuxiii808]

I see Dan Ives, I click on like 😂❤

[@johntheux9238]

I don't see him, just a weird guy with the same voice xD

[@trs8696]

wedbush, the mark of

[@bossusa365]

how do we expext to charge all these robotaxis?

[@ksrithan]

Several ways, Optimus bot is one of them.

[@Lovingkindness.]

Robotaxi charging stations.😵‍💫

[@johnslater7718]

I bet this guy never seen a factory floor, its valuing a stock woth products that don't exist.

[@Longtack55]

@@johnslater7718 Have you ever read a Balance Sheet, and did you understand it? I don't need to visit the toilet paper factory to understand how it works.

[@Longtack55]

I assume as China reaps more EV market share, TSLA will accelerate Bot and energy projects.

[@JesusChrist-xd2sd]

Elon needs his 45 billion package.

[@drantonkalexander]

I didn’t hear the Godfather of AI Jensen Huang catchphrase ?

[@SuperSunnyaggarwal]

🤣

[@SuperSunnyaggarwal]

🤣

[@Al.Aranzaso-Miras]

He said undervalued because he is long Tesla. 😂😂😂

[@PerfectoKiss]

Vaporware!

[@samirarian7286]

Tesla is a meme stock

[@eh7599]

gay

[@moon3173]

who wears a bow tie everyday in 2024

[@MohHus-r7o]

This Era is News based world every thing priced in which is going to be in future, any cars already on the Road. Technology always stolen if Tesla will make other companies will do too in few days

[@jhull5870]

Part of this big run up in Tesla is due to short covering. Right, Robotaxi like this AI craze is going to change the world. Not going to happen.

[@alex772350]

🤣🤣🤣🤣 why he didn't say thst when tesla was 160$ a few months ago.....

[@uromvictor]

@@alex772350 he has always said this

[@michaelpaulholmes9667]

He did.

[@methos-ey9nf]

Watching Tesla stock has been very interesting in retrospect because of how my own sentiment has changed. In the early days I was bullish but had little money to invest and they were a risky bet at time of IPO - so I did not invest. Now I have money and they are more established (even profitable!) but I'm bearish because they break a number of rules in my investment philosophy - so I do not invest.

[@Longtack55]

@@methos-ey9nf What rules? Thank you.

[@methos-ey9nf]

@@Longtack55 I have many rules but a simple one is I invest in companies that return capital to the investor such as stock buybacks and dividends. I prefer companies that have a history of doing both consistently. Presently Tesla does neither. Also I stay away from cyclical industries like energy and automotive - Tesla is both. I stay away from companies that require a lot of CAPEX investment like airlines and automotive - Tesla spends a lot on factories and tooling (CAPEX). I could go on but these are some good examples.

[@methos-ey9nf]

@@Longtack55 I have many rules but a simple one is I invest in companies that return capital to the investor such as stock buybacks and dividends. I prefer companies that have a history of doing both consistently. Presently Tesla does neither. Also I stay away from cyclical industries like energy and automotive - Tesla is both. I stay away from companies that require a lot of CAPEX investment like airlines and automotive - Tesla spends a lot on factories and tooling (CAPEX). I could go on but these are some good examples.

[@ElonMuskDailyLife]

who is this dude?

[@TuyenHuynh-cl7ec]

Dan ives is a fan boy. He is trying to look like kitty boy now.

[@astrogumbo]

lmao. all of a sudden.... coz cool finance breaux says its an AI play

[@mmercato7174]

400 Dollar 🎉🎉🎉

[@DanH-u3f]

Because he owns a lot of their stock.

[@hdaviator9181]

Dan Ives is a clown.

[@ravikumar-usa]

He says that because he has lot of Tesla stocks and wants to keep the stock price high

[@prolific1518]

Overvalued old tech: Apple and Tesla. P.s. Tesla deliveries were down YoY while BYD is growing.