Ives expects Tesla to deliver 2 million vehicles in 2023.
“Green tidal wave set to play out with Tesla front and center. While the shaky macro will clearly trim some demand for Tesla (as well as the industry) we believe demand continues to hold up firm for the EV stalwart across the US, Europe, and China,” Ives concluded.
However, Ives may not be bullish enough on Tesla, according to a recent interview with Ron Baron. The billionaire investor told CNBC on Thursday that Tesla stock could quintuple in price over the next decade.
