Why Is Wall Street So Bullish on Lucid Group? Here’s the $1 Trillion Reason
Last month, Tesla debuted its robotaxi trial operation in Austin, Texas, and analysts were enthused by the possible expansion prospects. Dan Ives, an analyst from Wedbush Securities, anticipates that Tesla’s robotaxi segment could boost the company’s valuation by a staggering $1 trillion within the next 12 to 18 months. Cathie Wood, the CEO of Ark Invest, envisions that the global robotaxi market will eventually reach approximately $10 trillion in value.