
Tue May 27 14:00:00 UTC 2025: **Tesla Rides High on Autonomous Future, SpaceX Rockets Towards New Heights**
**Palo Alto, CA – May 23, 2025** – Tesla is poised to enter a “golden age of autonomous growth” with the imminent launch of its Robotaxi platform, according to Wedbush analyst Dan Ives. Ives has significantly raised his price target for Tesla stock, citing the potential for Robotaxi to unlock $1 trillion in value.
Meanwhile, SpaceX has received FAA approval for the ninth test flight of its Starship rocket, paving the way for a launch as early as Tuesday, May 27th. The FAA has collaborated with international partners to ensure safety during the flight.
**Tesla’s Autonomous Future:**
Ives believes Tesla’s Robotaxi launch will unlock significant value, pushing the company towards a $2 trillion valuation. He also predicts a significant increase in Full Self-Driving penetration, further boosting Tesla’s financial performance. While acknowledging potential challenges in Europe and Asia, Ives remains optimistic about Tesla’s position as a leader in autonomous technology.
**SpaceX Starship Advances:**
The FAA approval follows a comprehensive review of the eighth test flight, which saw both the Super Heavy Booster successfully caught, while the Starship upper stage broke apart on reentry. SpaceX is implementing corrective actions for Flight 9, with the FAA monitoring compliance to ensure public safety.
**Other Notable Developments:**
* Tesla Cybertrucks have joined the Jalisco police fleet ahead of the FIFA World Cup.
* Elon Musk has issued a stern warning to vandals targeting Tesla and its owners.
* The “Big Beautiful Bill” passed by the House could eliminate EV tax credits, potentially impacting Tesla’s sales but also creating an opportunity for more affordable models.
* The United Kingdom may soon eliminate the “Tesla tax”.
* The new Model S and X have been spotted.
This comes at a time when Tesla is facing increased scrutiny due to Elon Musk’s political involvement, yet Ives believes that Musk is now refocused on Tesla’s future, leading the company into an “autonomous and robotics future.”