Elon Musk-led Tesla Inc. (NASDAQ:TSLA) has surged over 40% since Election Day, with analyst Dan Ives calling President-elect Donald Trump’s victory a pivotal boost for AI and autonomous driving. What Happened: On Monday, while appearing on CNBC’s Closing Bell, Wedbush analyst Ives, who has raised his price target for Tesla to $400 from $300, has called Trump’s win a “game changer” for the EV giant. “Tesla is the most undervalued AI name in the market in our view,” he posted on X, formerly Twitter, while sharing a clip from his appearance on the show. Ives believes Tesla’s focus on autonomous d…
