Here's Why Dan Ives Called Elon Musk A ‘Wartime CEO’ Ahead Of Tesla’s Q2 Earnings
Synopsis
In a post on X, Ives said Musk is “laser focused” on scaling the Robotaxi effort, which he views as critical to Tesla’s long-term AI strategy.
Tesla (TSLA) investors are bracing for a pivotal earnings report this week, with Wedbush analyst Dan Ives describing Elon Musk as a “wartime CEO” who is sharply focused on high-stakes initiatives.
Tesla’s stock edged 0.16% higher in pre-market trade on Tuesday. On Stocktwits, retail sentiment around the EV maker improved to ‘bullish’ territory from ‘neutral’ a day before. However, chatter remained subdued at ‘low’ levels.
At the center of investor attention ahead of Wednesday’s earnings is Tesla’s push into autonomous vehicles, with a Robotaxi rollout underway in Austin and plans to expand to additional cities.
In a post on X, Ives said Musk is “laser focused” on scaling the Robotaxi effort, which he views as critical to Tesla’s long-term AI strategy. The company is also working to stabilize demand after a rocky first half of the year marked by price cuts and increased competition.
“Front and center are the AI endeavors, along with stabilizing demand,” he wrote.
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