Wedbush Securities sees a monster year ahead for Tesla (TSLA) as the bulls and bears debate how quickly the robotaxi era will take shape over the coming year after a successful initial launch in Austin over the past few months.
“We expect an accelerated Robotaxi launch across the U.S., with, importantly, volume production of Cybercabs starting in the April/May timeframe. In a nutshell, we believe Tesla is taking major steps in advancing its AI Revolution path with autonomous and robotics front and center heading into 2026 that will be a game changer and define Tesla’s future,” wrote analyst Dan Ives.
Ives reiterated that the AI and autonomous opportunity for Outperform-rated Tesla (TSLA) is worth at least $1 trillion alone. The expectation is that over the coming three to six months, key initiatives will now get fast-tracked as the federal regulatory spiderweb that the company encountered over the past few years around FSD and autonomy is cleared up.
Tesla (TSLA) is seen reaching a market cap of over $2 trillion in the coming year, and in a bull case scenario, $3 trillion by the end of 2026 as full-scale volume production begins of the autonomous and robotics roadmap. “We estimate that Tesla will own ~70% of the global autonomous market over the next decade, as no other company in the world can match the scale and scope of Tesla coupled with its broadening AI footprint,” wrote Ives on the path ahead.
Shares of Tesla (TSLA) were up 1.1% in premarket trading to $463.87 vs. the 52-week range of $214.25 to $488.54. The current market cap on Tesla is just over $1.53 trillion.