12 AI Stocks on Wall Street’s Radar Today

6. 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. Tesla stock faces a rough Monday, March 10, as UBS analysts revised their outlook, lowering the price target from $259.00 to $225.00 while retaining a “Sell” rating.

The price target revision follows Tesla’s disappointing Q4 results, compelling UBS to reduce its Q1 2025 delivery forecast to 367,000 vehicles from an earlier estimate of 437,000. The firm stated that the current run-rate appears slower, but a potential surge in deliveries toward the end of the quarter could appear from increased promotional efforts.

Moreover, the UBS Evidence Lab has collected data signifying that delivery times for Tesla’s Model 3 and Model Y are notably low, with vehicles generally available within two weeks in key markets, reflecting on softer demand for Tesla products.

On the same day, Morgan Stanley kept an “Overweight” rating on the stock with a $430 price target. The analyst told investors in a research note that the stock is down from its December highs, and that this pullback is a buying opportunity for the “embodied AI compounder”.