10 AI Stocks Making Waves on Wall Street

3. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders: 99

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 January 22, Wedbush analyst Daniel Ives raised the firm’s price target on Tesla (TSLA) to $550 from $515 and kept an “Outperform” rating on the shares. The firm has “growing confidence” in Tesla’s demand delivery story for 2025 and said that there are going to be efforts for the fast-tracking of autonomous vehicles under the Trump Administration. The firm, after discussion with some contacts, has become optimistic that the next four years under the Trump administration are going to be total game changers for the company, particularly for Tesla’s autonomous and artificial intelligence sectors. The firm is also quite confident that the AI and autonomous opportunity is worth “at least $1 trillion alone” for Tesla. With its autonomous vision beginning to take shape along with “very solid” delivery demand, the company could reach a $2 trillion market cap by the end of 2025.