Tesla Poised for Growth in AI, Autonomous Driving Technologies Following Trump White House Win, Wedbush Says

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Tesla (TSLA) is poised for substantial growth over the next 12 to 18 months, with its valuation potentially reaching $1.5 trillion and even $2 trillion, as Tesla's AI and autonomous driving initiatives are expected to accelerate under a more favorable regulatory environment following a Trump White House win, Wedbush Securities said in a note Monday.

Tesla's autonomous driving technology and AI capabilities are expected to become a major driver of its future growth, with an estimated worth of $1 trillion for Tesla.

"We believe a Trump win helps unlock autonomous/AI value to Tesla's stock as the autonomous/FSD timeline is likely accelerated starting in 2025 and a major tailwind for Cybercab timing," Wedbush said.

While the removal of EV tax credits is seen as negative for the industry, Wedbush believes Tesla's scale gives it a competitive advantage, particularly against Chinese EV manufacturers facing higher tariffs. The company's leadership in autonomous technology and AI is expected to continue to push it ahead of competitors.

Wedbush reiterated an outperform rating on Tesla, with a price target raised to $400 from $300.

Price: 343.56, Change: +22.34, Percent Change: +6.95

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