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As the discussion progressed, it seamlessly transitioned into Tesla's anticipated advancements, especially in autonomous driving technology. Dan Ives, an influential figure in the investment community, articulated his unwavering belief in Tesla as an undervalued AI play. He proclaimed that Tesla's forthcoming full self-driving (FSD) capabilities could fundamentally shape the company’s valuation, estimating a potential market cap soaring to $2 trillion, primarily buoyed by autonomous technology.
Ives anticipates significant strides could be seen in Tesla's robot taxi services in Austin, ahead of what many analysts had previously suggested. He reassured that the timelines may shift but remained confident that the developments would unfold favorably for shareholders.