10 AI Stocks with Massive Growth Potential

5. 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. One of the biggest analyst calls on Thursday, February 27, was for Tesla Inc. Morgan Stanley reiterated the stock as “Overweight”, stating that it is sticking with the shares of Tesla.

“My conversations with senior auto executives suggests it’s only a matter of time before superior Chinese EV technology is made on US shores. …. .Just our view… but the most likely OEM [original equipment manufacturers] to help ‘transplant’ a Chinese EV maker into the US is Tesla.”

Analysts on Wall Street currently have a consensus “Buy” rating on the stock. The average price target of $412 implies a 39.5% upside, however, the Street-high target of $1,000 implies an upside of 239%.