10 AI Stocks That Will Skyrocket

7. Tesla, Inc. (NASDAQ:TSLA)

Upside Potential: 51.66%

Number of Hedge Fund Holders: 126

Tesla, Inc. (NASDAQ:TSLA) is not merely an electric-vehicle company. It is pretty much an AI company, given its ambitions.  Its foremost foray into AI is its autonomous driving technology, the Full Self-Driving (FSD), which uses massive amounts of real-world driving data, computer vision, and Dojo supercomputer, the company’s in-house AI training supercomputer, which processes video data from millions of vehicles. Tesla, Inc. (NASDAQ:TSLA) is also working on Optimus, which is a humanoid robot built to perform repetitive and dangerous tasks. The EV-maker also uses AI to optimize production line, quality-control, and to predict equipment maintenance needs.

Tesla, Inc. (NASDAQ:TSLA) reported poor Q1 2025 results on April 22. The EV giant’s revenue fell 20% year-over year. Its EPS sank 40% to 27 cents per share while revenue fell 9% to $19.34 billion. Meanwhile, auto gross margins excluding regulatory tax credits came in around 12.5%, marking the lowest auto gross margins since Q2 2012. However, the Tesla’s stock still rose 5.17% on April 23.

On April 24, Stifel analysts revised the price target for Tesla to $450 from the previous $455, while keeping a Buy rating on the stock. The firm cited increased sales from the new Model Y, the introduction of lower-priced vehicles to the market, and the anticipated deployment of Tesla’s unsupervised Full Self-Driving feature in Austin, Texas, in June as catalysts for the stock. Its scalable AI system allows robotaxis to operate in various cities, unlike location-specific rivals. Meanwhile, the company said in its Q1 2025 earnings call that the Optimus humanoid robot is advancing quickly, with thousands expected in Tesla factories by late 2025 and a goal of one million units annually by 2030.