10 AI Stocks Making Big Moves Today

4. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders: 126

Tesla, Inc. (NASDAQ:TSLA) is an automotive and clean energy company that leverages advanced artificial intelligence in its autonomous driving technology and robotics initiatives.  On March 4^th, Bank of America lowered its price target on the electric vehicle maker to $380 per share from $490 and reiterated its “Neutral” rating. According to Murphy, “renewed uncertainty” in 2025, particularly Trump’s tariffs, are going to be a challenge for production in North America.

He noted that levies on Canadian, Mexican, and Chinese imports went into effect on Tuesday, and that China and Canada have since issued retaliatory duties. These tariffs and potential trade war “could create a supply shock similar to COVID.” Other issues faced by Tesla include its slowing vehicle production in Europe year over year, Murphy noted, and a lack of news on the company’s low-cost model and that “sentiment on the brand potentially souring.” Overall, industry dynamics are expected to be inconsistent in 2025.

“Early in 2025, there are material and potentially disruptive changeovers at F (Ford Motor, Kentucky Truck) and TSLA (Tesla, Model Y globally), while GM (General Motors) is largely clear,” Murphy said. “The resulting volume disruption and macroeconomic headwinds should continue to haunt suppliers, but cost actions flowing through the P & L should support flat to up margins.”