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Dan Ives Says Tesla’s AI And Robotaxi Business Worth At Least $1 Trillion, Company And Musk Headed For ‘Important Chapter’ In Growth Story – Tesla (NASDAQ:TSLA)

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Over the weekend, Wedbush Securities analyst Dan Ives said Tesla Inc. TSLA is on the verge of its most significant phase yet, arguing that the company’s artificial intelligence and robotaxi ambitions could unlock at least $1 trillion in value.

AI Revolution And Robotaxi Potential

“We believe Tesla and Musk are heading into a very important chapter of their growth story as the AI revolution takes hold and the robotaxi opportunity is now a reality on the doorstep,” Ives wrote on X, formerly Twitter. “We estimate the AI and autonomous opportunity is worth at least $1 trillion alone for Tesla.”

Ives’ remarks followed a Wall Street Journal report that Stephen Hawk, a 56-year-old Tesla investor from Florida, had filed a shareholder proposal urging Tesla’s board to approve an investment in xAI.

Following the report, SkyBridge Capital founder Anthony Scaramucci also said that a Tesla–xAI merger “feels inevitable.”

See Also: Mark Cuban Once Said First Trillionaire Could Be ‘One Dude In A Basement’ — Now He’s Putting AI Tools Directly In High School Classrooms

Delivery Momentum Fuels Near-Term Gains

Earlier this month, Gary Black, managing partner at The Future Fund LLC, said Tesla’s stock surge in the past few days stems from expectations that the company will exceed Wall Street’s third-quarter delivery forecasts.

“Let’s not kid ourselves,” Black wrote on X. “$TSLA has been strong the past few days NOT because of progress on robotaxi but because every hedge fund has come to the realization that $TSLA will crush 3Q delivery estimates in two weeks.”

Black estimates Tesla will deliver 470,000 vehicles in the quarter, well above Wall Street’s consensus of 432,000, aided by buyers rushing to take advantage of the expiring $7,500 EV tax credit on Sept. 30.

What Are The Mixed Global Signals

Tesla’s performance remains uneven across markets. In China, sales fell 10% in August, marking the sixth monthly decline in 2025. Still, early September saw a rebound, with registrations hitting 14,300, a 41% jump from the previous quarter’s weekly average.

In the U.S., rising vehicle prices have weighed on Tesla’s market share even as overall EV sales climb.

Skepticism On Autonomy And Leadership

Not all observers are convinced Tesla can deliver on Ives’ trillion-dollar thesis.

Ross Gerber, co-founder of Gerber Kawasaki, earlier questioned Tesla’s approach to autonomy, saying Musk has ignored hardware issues critical to self-driving safety.

An ex-employee also criticized Musk’s leadership as “seriously compromised,” alleging it had damaged Tesla’s mission.

Tesla Stock Lags Behind S&P 500 And Nasdaq 100

In July, Tesla reported second-quarter revenue of $22.5 billion, down 12% year-over-year and short of analyst estimates.

At the time, the company reiterated plans to launch a more affordable model later in 2025 while preparing the Tesla Semi and Cybercab for volume production in 2026.

On the analyst front, Tesla carries a consensus price target of $311.81 based on 29 ratings. The three latest updates include Wedbush, RBC Capital and China Renaissance, with their average target of $391.33 suggesting a slight 1.07% downside.

Price Action: So far in 2025, Tesla’s stock is down about 2%, underperforming the S&P 500’s 11.95% gain and the Nasdaq 100’s 14.66% increase, according to Benzinga Pro.

Benzinga’s Edge Stock Rankings indicate that TSLA continues to show strength across short, medium and long-term horizons, with additional insights available for investors.

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Photo Courtesy: Josiah True on Shutterstock.com

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



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Fiverr is laying off 250 employees to become an ‘AI-first company’

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Gig economy platform Fiverr is laying off 250 employees as it pivots to being an “AI-first company,” CEO Micha Kaufman shared in an essay on X. The move affects around 30 percent of the company’s staff, The Register writes, and it’s not uncommon among tech companies in 2025. Duolingo announced similar plans to become “AI-first” in April.

Kaufman describes this process as returning to “startup mode” and writes that his ultimate goal is to turn Fiverr into “an AI-first company that’s leaner, faster, with a modern AI-focused tech infrastructure, a smaller team, each with substantially greater productivity, and far fewer management layers.” Part of the justification Kaufman offers for why Fiverr doesn’t “need as many people to operate the existing business” is that the company has already integrated AI into its customer support and fraud detection programs.

The first sign that Fiverr might justify layoffs with AI came when Kaufman was interviewed by CBS News in May 2025 about the danger the technology posed to employees. Kaufman specifically advised employees to “automate 100 percent” of what they do with AI, while also claiming that wouldn’t make them replaceable because they were still capable of “non-linear thinking” and “judgement calls.” That advice doesn’t seem like it was ultimately helpful for Fiverr’s own employees.

The company’s cuts affect fewer people than a larger firm like Workday, who announced plans to eliminate 1,750 roles in February 2025. Regardless of the size of the company or its level of investment in AI, though, layoffs have the same effect: More work has to be done by fewer people.



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AI company expanding to West Palm Beach – Yahoo News Canada

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AI company expanding to West Palm Beach  Yahoo News Canada



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YouTube Plans to Win Over Spotify’s Audio-First Podcasters With AI

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The next big battleground for podcasts is video — and YouTube wants to cement its dominance.

On Tuesday, YouTube announced a slate of new AI products as it seeks to solidify itself as the leader in the category over competitors like Spotify or Apple.

Starting next year, audio-first podcasters will be able to generate video clips for YouTube from their audio transcripts. The tool uses Google’s Veo AI technology to generate short 30-second to 60-second visuals that can either become a YouTube short or a part of a long-form video upload. The feature will initially be available to a limited set of US podcasters.

The target audience? Audio podcasters with little to no video experience.

There is a class of podcast creators who are not gifted in video or who “don’t want to make the conversation awkward by having four or five cameras in a studio,” T. Jay Fowler, YouTube’s senior director of product management focused on podcasts and music, told Business Insider.

AI-generated video could make it easier for those creators to get started on YouTube, Fowler said.

“You can imagine some partners or podcasters thinking, ‘Oh, getting on YouTube is a big hurdle,'” he said. “It is a video-centric platform. And so this will also help ease people into the experience. They can dip their toe.”

YouTube emerged as the top player in podcasting by hosting a slate of talk-show style channels from creators like Rhett & Link, Theo Von, and Joe Rogan. About a third of weekly podcast consumers in the US prefer YouTube, beating out all rivals, according to a January report from Edison Research.

But the company is a less natural fit for podcasts that aren’t talk shows and aren’t easily adapted to video. YouTube thinks these new AI tools can help it make inroads there.

Adding video could help audio-focused podcasters meet consumer demand. The share of US adults who said they preferred video podcasts hit 42% in August 2024, up from 32% in October 2022, per a Morning Consult report from October.

Spotify made a big push into video last year and told investors in July that consumption of video podcasts was growing 20 times faster than audio alone. Even Netflix is looking to get into the game. It’s held exploratory meetings with creators and sought to hire a video podcast executive.

But YouTube has a clear head start in the category as a native video platform with a well-established creator ad revenue sharing model. The company’s TikTok-like short-video feature, shorts, can also serve as a marketing tool for podcast creators. Forty-four percent of new podcast audiences begin listening on YouTube, according to a June report from Cumulus Media and Signal Hill Insights.

On Tuesday, YouTube announced an additional AI-powered tool to help creators clip highlights from their video podcasts for YouTube shorts. Clipping has become an increasingly important marketing tool for podcasters and other long-form creators. The feature will roll out in the coming months, the company said.





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