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Tesla’s AI Focus Overshadows Vehicle Delivery Concerns, Says Wedbush Analyst
Tesla’s AI Focus Overshadows Vehicle Delivery Concerns, Says Wedbush Analyst
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Wedbush analyst Daniel Ives maintains a bullish stance on Tesla despite Q3 delivery uncertainties, citing the company's accelerating AI initiatives as the true value driver. While vehicle sales declined 13% year-over-year in H1 2023, demand stabilization—particularly in China—could push quarterly deliveries beyond 500,000 units.
The real story lies in Tesla's artificial intelligence ambitions. "Autonomous systems and robotics will define Tesla's future," says Ives, a top-tier analyst. This strategic pivot toward AI infrastructure positions Tesla as a tech innovator rather than just an automaker, with 2026 emerging as a potential inflection point for scaled implementation.
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