Buy This Artificial Intelligence (AI) Stock Hand Over Fist. Dan Ives Expects It to Soar 52%.
Analyst Dan Ives thinks Tesla stock could soar from current levels thanks to a potential $1 trillion catalyst.
Over the last few months, shares of Tesla (NASDAQ: TSLA) have been on quite a ride. Following President Donald Trump's election victory on Nov. 5, shares of Tesla soared by as much as 91%. Tesla co-founder and CEO Elon Musk's close relationship with the president has largely been seen as an asset -- specifically as it relates to potentially more friendly regulations for the electric vehicle (EV) company's ambitions around autonomous driving.
However, since the start of the year, shares of Tesla have given back some of their election-driven gains. So far in 2025, the stock is down about 10% as I write this.
Let's look at some of the factors influencing Tesla stock of late and I'll make the case for why now is a terrific opportunity to buy the dip hand over fist.
