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Dec 11, 2025 8:00 AM

Dan Ives Predicts 'Magical 2026' For Tesla And Nvidia, Says Bears Are Still Watching From 'The Window'

Wedbush Securities Global Head of Tech Research Dan Ives remains steadfastly bullish on the U.S. technology sector heading into 2026, forecasting a “magical year” for Tesla Inc. (NASDAQ:TSLA) and identifying Nvidia Corp. (NASDAQ:NVDA) as a continued leader in what he views as only the early stages of an artificial intelligence (AI) revolution.

‘Physical AI’ Leaders

Speaking to CNBC International, Ives dismissed market skeptics, suggesting tech bears will “continue to watch this party from the outside looking through the windows” as the bull market intensifies.

Ives pinpointed Tesla and Nvidia as the market's two best “physical AI plays.” For Tesla, he anticipates 2026 will be pivotal as CEO Elon Musk shifts focus toward autonomy and robotics.

Ives asserts that autonomous driving technology alone is worth a trillion dollars to the Tesla story, arguing that global rivals cannot match their robotaxi buildout.

Meanwhile, he views Nvidia, led by Jensen Huang, as continuing to lead the foundational infrastructure of the tech boom.

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