12 AI Stocks Making Headlines: Latest News and Ratings

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 5^th, Goldman Sachs reiterated the stock as “Neutral” with a price target of $320.  The firm said it sees “difficult conditions ahead” for Tesla. In particular, it talked about weaker-than-expected vehicle deliveries in key regions and ongoing demand challenges.

“We lower our below consensus delivery estimates for Tesla reflecting the quarter to date data for key regions (i.e. China, Europe, and the US), as well as what we believe are broader demand trends,” analysts wrote.

Discussing its Full Self-Driving (FSD), the firm said that it sees progress with version 13 but believes Tesla may struggle to monetize it in China, where “multiple competitors… are also offering hands-free ADAS solutions without an incremental software package needing to be purchased.”

“We remain Neutral rated on the stock, and we lower our 12-month price target to $320 from $345. We continue to expect Tesla to face difficult fundamental conditions in the near-term, and our EPS estimates are below the Street for 2025.”