🔥🚀 Dan Ives (Wedbush) named $Tesla(TSLA.US): A $250 billion bet on "Physical AI," the next trillion-dollar story is taking shape, with a 70%-80% chance of a merger.

The market still views $Tesla(TSLA.US) through the lens of the auto industry, but Dan Ives' assessment has clearly shifted tracks—this is not a simple business expansion, but a long-term AI-centric strategy unfolding.

He mentioned that Tesla is advancing an AI plan with a scale of about $200–250 billion, with a very clear core path:

Robotaxi → Cybercab → Optimus

The key to this path is not just autonomous driving, but moving from "software capability" to "physical execution capability." In other words, FSD is just the first step; the real goal is to enable AI to complete tasks in the real world.

This is also why the discussion is shifting from "can the car drive itself" to "can robots participate in production and services." Once this direction is established, business boundaries will be redefined.

More noteworthy is his judgment on the structural layer. Dan Ives believes the probability of a merger between SpaceX and $Tesla(TSLA.US) is in the 70%–80% range. This reflects not a short-term event, but a long-term trend—integrating computing power, autonomous driving, robotics, and space infrastructure within the same system.

If this path continues, the valuation logic for $Tesla(TSLA.US) will likely no longer revolve solely around deliveries and gross margins, but gradually shift towards a more complex AI platform structure.

From a market behavior perspective, such changes are often not priced in all at once, but are reflected in stages as key milestones are gradually validated.

If autonomous driving is just the starting point, and robotics and platformization are the ultimate endgame, is the current market pricing of $Tesla(TSLA.US) undervalued, or has it already started to price it in early?

During this process, structural identification will be more important than emotional judgment. Our quantitative trading system gave a buy signal in the previous 330-360 range, and the subsequent trend gradually unfolded. The core is not prediction, but having an executable entry and tracking method once the trend structure is confirmed.

The complete operational strategy and structural breakdown have been compiled on the page below: