Stock Score Locked: Edge Members Only Benzinga Rankings give you vital metrics on any stock – anytime. Unlock Rankings , positioning it as one of the premier investments in the field of physical AI. What Happened: Ives, known for his insights into the technology sector, forecasts a staggering $2 trillion valuation for Tesla, without factoring in the future earnings from its humanoid robot, Optimus. "The two best physical AI plays in the market are Nvidia Corp. NVDA and Tesla," Ives stated during the interview with Herbert Ong. "I don't believe any of that valuation is factored into the story today." His comments underscore a belief that the market has yet to fully appreciate the transformative potential of Tesla's AI initiatives. Ives' optimism extends beyond Tesla's current offerings, reaching into its future projects. "We're not even factoring Optimus into the $2 trillion," he elaborated, referring to Tesla's humanoid robot designed for a variety of tasks. "Because my view is that as they start to scale it and it starts to get deployed, it could be EVEN BIGGER than autonomy." Ives' forecast of a $2 trillion valuation for Tesla is part of a broader narrative about the future of AI. "There's so many growth levers with this story that investors are now appreciating," he said, pointing to the evolving landscape of AI applications. His comments reflect a belief that Tesla's integration of AI across its product ecosystem could redefine its market position.