15 AI News Shaping Wall Street Today

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3. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders: 99

Tesla, Inc. (NASDAQ:TSLA) is engaged in the design, development, manufacture, and sale of fully electric vehicles, energy generation and storage systems. The company is an AI stock, with its autonomous technology having the potential to be the “great unlock” that drives it to become an AI giant.

On November 18, Morgan Stanley maintained its bullish stance on Tesla, Inc. (NASDAQ:TSLA) stock, giving a “Buy” rating. Several factors have led to a buy rating on the stock, with the company’s strong leadership in artificial intelligence and autonomous technology being a key driver. Despite the unclear federal policies on self-driving cars, Jonas affirms that the company is well-positioned to benefit from policy accelerants. Moreover, Tesla’s rideshare business also seems promising despite the challenges with self-driving technology and regulations. There is also a significant potential for growth given the company’s strategic position in mobility services.

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