#Tesla

#Tesla

Technology stocks are buzzing this morning with a wave of developments. Among them, Tesla ( Nasdaq: TSLA) has captured the spotlight. Wedbush tech analyst Dan Ives is calling 2026 a "monster year" for Tesla and Elon Musk as the EV maker leans harder into autonomous driving and robotics. He sees Tesla's valuation climbing to around $2 trillion next year, with a bull-case scenario of $3 trillion by year-end 2026 amid a successful AI strategy. Wedbush has reemphasized its "outperform" rating on TSLA stock.

It will certainly be interesting to write the obituary for 2025. Given that there's one month left in this fiscal year (plenty of time for lots to take place), I wouldn't be surprised to either see an incredible Santa Claus rally materialize into year end, or a continuation of some of the bearish momentum we've seen build form into a full-blown market selloff as investors reposition their portfolios for more downside as this AI selloff continues.

Dr. Michael Burry has been quite vocal of late, thanks in part to the launch of his "Cassandra Unchained" commentary on Substack, which may very well allow the contrarian to be heard like never before. Undoubtedly, Dr. Burry is being heard loud and clear of late, with his commentary surrounding the state of the AI bubble and his bearish stances on a number of overvalued companies that have been driven higher on euphoric AI hopes.