Dan Ives Says Tesla's Future Hinges On Autonomy As Europe Demand Craters—xAI Acquisition Could Be Musk's Next Big Bet: 'Heavy Lifting Ahead'

Tech analyst Dan Ives offers a candid assessment of Tesla as demand pressures mount and investor attention shifts toward its autonomy and AI roadmap. Appearing on the Risk Reversal podcast on Tuesday, Ives flagged Tesla’s worsening sales trends in Europe, estimating “15% to 20% permanent demand destruction,” up from his prior forecast of 5%.