Elon Musk is Tesla’s ‘biggest asset’, says Ives while repeats his $ 2 trillion market capitalization for TSLA shares – Tesla (Nasdaq: TSLA)

Elon Musk is Tesla’s ‘biggest asset’, says Ives while repeats his $ 2 trillion market capitalization for TSLA shares – Tesla (Nasdaq: TSLA)

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Wedbush effects‘Managing Director, Then ives, has his bullish view of repeated Tesla Inc. Tsla stock Next CEO Elon Musk’s leaves The Ministry of Government Efficiency (Doge) and the Trump administration.

What happened: Ives shared that the return from Musk to Tesla is crucial for the robotics of the EV Giant and AI vision, which states that it represents 90% of the future value of the company, in an interview with Yahoo Finance on Monday.

“The brand damage, I believe, is now included and the majority of it is in the rear -view mirror with him at the Trump administration,” said Ives before he adds that the focus is now on rebounding the sale in Europe, the US and China.

Ives also predicted that the sale of Tesla will see a rebound in China in the second half of the year, a “stabilization” in Europe, as well as a rebound in the US somewhere in Q3 2025.

Referring to the value increase of Tesla, Ives have chalked it up to the CEO to Tesla. “Once Musk had asked Tesla, days in the White House were ready, Tesla got his biggest asset back.”

Ives also said that the return of Musk coincides with the biggest era in the history of the company and repeated a market capitalization of $ 2 trillion for Tesla.

Why it matters: Ives’s comments are in line with the bullish views of the investor about Tesla, despite various experts who discharge Tesla positions, including Future Fund LLCS Gary Black.

The company continues with the launch of 12 June Robotaxi in Austin. Musk said that the company had tested FSD without supervision in Austin in the construction of the robotaxi launch “a month earlier than planned”.

The sale of Tesla continues to fall over several markets worldwide, whereby data showed that the turnover of the company on an annual basis decreased by 67% in France, which marked a three -year low -point for the automaker.

Tesla scores well on Momentum, growth and quality statistics, but offers poor value. Register for more such insights Benzinga Edge Stock Rankings today!

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