Dan Ives from Yorkville Ives & Co. predicts that 2027 could be a golden year for Tesla due to the implementation of robotics and the humanoid robot Optimus. Currently, Tesla (TSLA) has exceeded delivery forecasts for the third quarter, releasing 486,532 vehicles, with Model 3 and Model Y accounting for 98% of total deliveries. Ives claims that demand for Tesla cars will stabilize next year, aided by a recovery in Europe after several years of decline. However, he does not expect the Cybertruck, which occupies a high market segment, to significantly impact demand. In his view, the rollout of robotaxis, autonomous vehicles for passenger transport, will occur in early to mid-2027, but regulatory constraints are slowing its development.
The Optimus robot will follow in the second half of 2027. Ives links these initiatives to Tesla's transition from an electric vehicle manufacturer to a company in the artificial intelligence sector. "And that’s why I think 2027 could be a golden year for Tesla," he notes. Additionally, Ives believes the likelihood of a merger between Tesla and SpaceX is over 80% by the end of 2027.
At the same time, Wells Fargo analyst Colin Langan maintained an 'Underweight' rating on Tesla shares in July, valuing them at $130, which is 67% lower than about $396 per share at that time. In his opinion, falling prices and rising costs for raw materials such as copper and lithium will reduce profits from increased sales volume. Ives asserts that the AI market is only in its third stage, where demand for chips exceeds supply by 13 to 1. The question is how long investors will fund bets on AI before robots and autonomous vehicles start generating revenue. Since the beginning of the year, Tesla shares have fallen nearly 20%, but have begun to recover since late July. Tesla's next earnings report on October 21 will provide new data on vehicle sales margins.
This material is prepared solely for informational purposes and does not constitute financial advice or a recommendation.
Related articles
