Tesla bull estimates Trump win can help push TSLA to $1-$1.5 trillion valuation

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Wedbush Securities Senior Equity Analyst Dan Ives recently provided his insights on the potential effects of a Trump presidency to Tesla. As per Ives, a Trump presidency may be negative for the general electric vehicle sector, but it would be highly beneficial to Tesla. 

In an interview with CNBC, Ives noted that a Trump win is actually a dream scenario for Tesla bulls. Ives estimated that a Trump win could push Tesla into a market cap of up to $1.5 trillion.

“It’s a dream scenario for any Tesla bull. I think this could ultimately add $40-$50 per share to TSLA stock right off the bat. We could now be talking about a $1 trillion, $1.5 trillion market cap for Tesla. Because first off, from an EV perspective, (Trump) will pull the EV tax credit, but that from a scale and scope perspective, is a positive for Tesla.

Apart from a boost to its market cap, Ives estimated that a Trump administration could very well fast-track Tesla’s efforts to deploy its self-driving vehicle fleet. 

“He will fast track autonomous FSD, Cybercab could get pulled forward by about a year… This is really, if you’re a Tesla bull, if you wake up to this, this is exactly what you’d wanna see. And of course, Musk will clearly have a big voice in a Trump administration. 

“I think that would be a top initiative, to fast-track FSD autonomous. There’s been a lot of regulatory hurdles. And this is something that Musk has talked about in Robotaxi day. Obviously the initial sentiment was negative. This is gonna be the key. Because ultimately, I think Tesla is the most undervalued AI name in the market. And you look what’s happen here. It’s just gonna unlock that opportunity for Tesla and Musk,” Ives said. 

Dan Ives segment with CNBC can be viewed below. 

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Tesla bull estimates Trump win can help push TSLA to $1-$1.5 trillion valuation





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Tesla Model S Plaid outfitted for police use in latest UP.FIT release

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Tesla’s electric vehicles (EVs) have been rolling out as police cruisers over the past few years, though the company’s Model S Plaid has only recently received its first buildout for such a use case.

During day one of SEMA on Tuesday, Tesla mod kit manufacturer Unplugged Performance unveiled its latest police cruiser buildout for the Model S Plaid, which is considered the world’s quickest accelerating production car. While Unplugged Performance’s UP.FIT division has already deployed other police vehicle builds for Tesla’s Model Y, Model 3, and Cybertruck, this is the first we’ve seen of a Model S Plaid outfitted by the company.

RELATED: Tesla says its standard tech can save police departments $4,000

According to Tesla, the Model S Plaid has a 0 to 60 mph acceleration of just 1.99 seconds, a top speed of 200 mph, and a range of 359 miles. Many have also set world records with the Model S Plaid in the 0 to 60 and quarter-mile acceleration runs, including one driver who clinched an impressive 8.56-second quarter-mile time in July.

Unplugged Performance has deployed several Model Y and Model 3 units outfitted for service on U.S. police forces over the last few years, though this is the first time the company has built a specific police cruiser kit for the Model S Plaid. Earlier this year, the company also unveiled its design for a copped-out Cybertruck, and it has already deployed the Cybertruck to multiple U.S. police departments.

Along with offering modifications for police and other government fleet vehicles, Unplugged Performance has also become well-known for its racing arm. In particular, many are familiar with the manufacturer’s work on racer Randy Pobst’s Model S Plaid, dubbed “Dark Helmet,” which has been used in the Pike’s Peak International Hill Climb for multiple years now.

Anaheim PD launches pilot for Tesla Model Y LR police cruisers

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Tesla Model S Plaid outfitted for police use in latest UP.FIT release





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Tesla Phone rumors clarified by CEO Elon Musk

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The rumors of a potential Tesla Phone have been clarified by company CEO Elon Musk, who appeared on the Joe Rogan Experience Podcast on Monday.

Of the many rumors circulating about Tesla, what it will develop and what it could potential dip its toe into next, a phone is among the most popular.

It is no wonder, either. If you were to search “Tesla Phone” on YouTube, you will get a variety of videos that state Musk has personally guaranteed a phone:

To be frank, I get a lot of questions about a phone from older Tesla fans who read Teslarati. I am always baffled to receive questions about it because it was never truly discussed on any level by Musk or Tesla as a whole.

However, it does not mean the rumors do not exist. However, on an episode of Joe Rogan Experience from Monday, Musk definitively ended the rumors.

Musk said:

“Tesla is in a better position to create a new phone, that’s not Android or iPhone than maybe any company in the world. But, it’s not something we want to do, unless we have to or something.”

Rogan asked for an instance that would require Tesla to make a phone:

“If Apple and Google/Android started doing really bad things, like censorship of apps or being like gatekeepers, in a bad way, then I guess we’d make a phone.”

It seems more or less of a cryptic message, but it seems pretty clear that Tesla and Musk do not see the need for innovation in terms of personal communication devices.

Tesla, as an automaker, revolutionized how cars operate. Identifying a need for change in terms of the way cars were powered and even how they look are basic premises of what Tesla stands for in terms of cars.

Tesla unveils the Robovan at ‘We, Robot’ event

With energy, Tesla has created new solutions for residential and commercial battery storage systems.

Other Musk projects, like SpaceX and Neuralink, aimed to break boundaries in space travel and health. X is a social media platform that is far from typical. There is a common theme with Musk projects, and it aims to fix something that is broken.

Apple, Samsung, and other manufacturers largely take care of smartphones. They are easy to operate, and people, generally, are happy with the type of phone they have. There is no true need for innovation in smartphones. They are not broken like other things that Musk’s companies have aimed to solve.

So, no, don’t expect a Tesla phone to hit the market anytime soon.

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Tesla Phone rumors clarified by CEO Elon Musk





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