Wedbush Analyst Dan Ives Upbeat on Tesla Inc. (TSLA) Despite Lower Delivery Numbers
TeslaTesla(US:TSLA) Yahoo Finance·2026-01-07 11:50

Group 1 - Tesla Inc (NASDAQ:TSLA) is considered one of the best American stocks to buy and hold in 2026 according to Wedbush analyst Dan Ives [1] - In Q4, Tesla delivered 418,227 vehicles and produced 434,358, with total production for the year at 1,654,667 and deliveries at 1,636,129 [2] - Ives believes Tesla needs to improve its vehicle delivery numbers, especially after losing the $7,500 tax credit and facing challenges in Europe [2] Group 2 - Ives predicts that robotics and autonomous driving will be key drivers for Tesla's growth, potentially leading to a market cap of $2 trillion within a year and $3 trillion by the end of 2026 [3] - The CyberCab project is highlighted as a significant opportunity for Tesla to unlock its AI potential and enhance its valuation [3] - Ives has set a price target of $600 for Tesla stock with an Outperform rating [3] Group 3 - Tesla's business extends beyond electric vehicles to include energy generation, storage, and robotics, with its headquarters located in Austin, Texas [4]