{"id":40290,"date":"2025-06-02T11:36:16","date_gmt":"2025-06-02T11:36:16","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/06\/02\/what-makes-tesla-stock-better-than-waymo-for-a-bet-on-autonomous-driving\/"},"modified":"2025-06-02T11:36:16","modified_gmt":"2025-06-02T11:36:16","slug":"what-makes-tesla-stock-better-than-waymo-for-a-bet-on-autonomous-driving","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/06\/02\/what-makes-tesla-stock-better-than-waymo-for-a-bet-on-autonomous-driving\/","title":{"rendered":"What makes Tesla stock better than Waymo for a bet on autonomous driving?"},"content":{"rendered":"
<\/div>\n

Wedbush senior analyst Dan Ives says Waymo isn\u2019t the best name for exposure to the global race towards autonomous vehicles.<\/p>\n

Despite the buzz around Alphabet\u2019s self-driving unit, Ives argues that Tesla Inc (NASDAQ: TSLA) scale, engineering depth, and Musk\u2019s renewed focus make it the better long-term investment than Waymo.<\/p>\n

TSLA chief executive Elon Musk stepped down<\/a> from his role in the Trump administration last week, which Wedbush\u2019s Ives dubbed a \u201cpop-the-champagne moment for Tesla investors\u201d in a recent CNBC <\/em>interview<\/a>.<\/p>\n

\u201cBiggest asset for Tesla is Musk, and this ends what was really a dark chapter for TSLA investors,\u201d he added. <\/p>\n

Tesla shares are currently up more than 50% versus their year-to-date low.<\/p>\n

Why does Wedbush prefer Tesla over Waymo?<\/h2>\n

While Waymo has made headlines for running self-driving robotaxis in select US cities, Ives points out that the program is small and far from scalable.<\/p>\n

\u201cWaymo essentially operates in four cities \u2026 the question is: can it scale?\u201d<\/p>\n

For Ives, that\u2019s where Tesla has the upper hand. <\/p>\n

With vertically integrated manufacturing and real-time data gathered from its global fleet, Tesla is building a foundation to deploy autonomous features at scale, not just in test markets.<\/p>\n

China\u2019s EV sector is also making impressive strides, with automakers like BYD producing low-cost vehicles<\/a> packed with tech. <\/p>\n

But Ives argues that Tesla\u2019s global positioning, software stack, and talent pool still place it ahead.<\/p>\n

“When it comes to scale, I view TSLA as unmatched relative to engineering talent and the ability to scale. I believe we\u2019re sitting here a year from now and Cybercabs are going to be in 10, 15, 20 cities,” the Wedbush analyst argued.<\/p>\n

Wedbush sees TSLA as more than an automaker only<\/h2>\n

Wedbush maintains an \u201cOutperform\u201d rating on Tesla stock, with a price target of $500, which reflects their view that Tesla is more than just an automaker \u2013 it\u2019s a disruptive AI and robotics company in the making.<\/p>\n

“I think we\u2019re going to look at the next year or two as the golden era for Tesla,” Ives said. <\/p>\n

He sees the upcoming Investor Day on June 12 in Austin as a catalyst, where more details on Tesla\u2019s full self-driving ambitions and humanoid robots are expected to be shared.<\/p>\n

Despite growing global competition, Ives believes Tesla\u2019s focus on mass-market scaling, combined with Musk\u2019s return to operational leadership, positions the company to dominate. <\/p>\n

“Leaders lead,\u201d he said, adding “the biggest chapter of Tesla\u2019s growth story is ahead of us.”<\/p>\n

Other Wall Street analysts, however, are nowhere near as bullish on Tesla shares. <\/p>\n

The consensus rating on the EV stock currently sits at \u201chold\u201d only with the mean price target of about $309.<\/p>\n

The post What makes Tesla stock better than Waymo for a bet on autonomous driving?<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Wedbush senior analyst Dan Ives says Waymo isn\u2019t the best name for exposure to the global race towards autonomous vehicles. Despite the buzz around Alphabet\u2019s self-driving unit, Ives argues that Tesla Inc (NASDAQ: TSLA) scale, engineering depth, and Musk\u2019s renewed focus make it the better long-term investment than Waymo. TSLA chief executive Elon Musk stepped <\/p>\n","protected":false},"author":1,"featured_media":40291,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-40290","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/40290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=40290"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/40290\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/40291"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=40290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=40290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=40290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}