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Wedbush analyst Dan Ives commented on the recent downgrade of Tesla Inc. (NASDAQ:TSLA), suggesting a shift in market sentiment. Ives noted the pervasive bearish outlook, even among New York City cab drivers, but predicted a significant rebound for Tesla in the coming years, especially with advancements in AI technology. What Happened: On Wednesday, Ives acknowledged the current “piling on” by bears emerging “out of hibernation,” yet he maintains a long-term bullish stance on the electric vehicle (EV) giant. He believes that the current sentiment will be viewed retrospectively as a prime buying…

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