Analyst Reiterates $500 Tesla Target as AI Play
Yorkville analyst Dan Ives maintains an Outperform rating on Tesla, framing the automaker as a primary vehicle for public market physical AI exposure.
Longtime technology analyst Dan Ives has reiterated his Outperform rating and $500 price target on Tesla, arguing that autonomy, robotaxis, and Optimus humanoid robots will increasingly drive the company's value. Tesla shares rose 2.05% to $382.70 following the note.
Valuation and Autonomy Metrics
Instant Telegram notifications for large on-chain moves.
- Analyst Target: Yorkville analyst Dan Ives maintains an Outperform rating and $500 price target.
- Market Move: Tesla stock gained 2.05% on volume of 38,834,397.
- FSD Adoption: Full Self-Driving attach rates exceed 55% on new North American electric vehicle sales.
- Robotaxis: Service operates in six US cities with paid miles nearing 2.5 million.
Ives uses a sum-of-the-parts valuation based on 2028 revenue estimates, assigning roughly $165 per share to the existing car business and $335 to autonomy and Optimus. Approximately two-thirds of the target focuses on early-stage businesses.
Risks and Regulatory Hurdles
Regulatory scrutiny remains a factor. The National Highway Traffic Safety Administration issued a Special Order regarding Cybercab's self-certification, with Tesla's response due September 30. Furthermore, Tesla's second-quarter update removed both the Cybertruck and Optimus from its 2026 volume production list, and commercial deployment timelines for Optimus have historically slipped.
Source: finance.yahoo.com
This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.
