Dan Ives of Yorkville Ives & Co. identifies 2027 as a potential milestone for Tesla, driven by the expansion of robotaxis and the deployment of the Optimus humanoid robot. Ives anticipates that driverless ride-hailing services will reach additional cities by early to mid-2027, while the robot project is expected to follow in the second half of the year.
The analyst suggests that Tesla is transitioning from a traditional electric vehicle manufacturer into an artificial intelligence company. Ives also estimates that the probability of a merger between Tesla and SpaceX exceeds 80% by the end of 2027. These projections come as the company shifts its focus toward long-term AI-driven revenue streams.
Tesla reported 486 532 vehicle deliveries in the third quarter, with Model 3 and Model Y accounting for 98% of that total. Despite stabilizing demand, particularly in Europe, analyst Colin Langan of Wells Fargo maintains an underweight rating on the stock, citing concerns over potential price cuts and rising costs for raw materials like lithium and copper.
The company's financial performance remains under scrutiny as investors wait for the earnings report scheduled for October 21. While Ives argues that the AI sector is in its early stages with chip demand significantly outpacing supply, the market continues to weigh these future prospects against current profit margins and the timeline for commercializing autonomous technology.
