15 AI News That Broke The Internet

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2. Tesla, Inc. (NASDAQ:TSLA)

Market Capitalization: $1.03 trillion

Tesla, Inc. (NASDAQ:TSLA) is an American multinational automotive and clean energy company that designs, develops, manufactures, and sells fully electric vehicles, energy generation and storage systems. It leverages artificial intelligence to develop autonomous technologies and robots that have the potential to revolutionize manufacturing.

Tesla, Inc. (NASDAQ:TSLA) was one of the biggest analyst calls for Tuesday, November 12. Morgan Stanley reiterated the stock as an “Overweight”, stating that it is sticking with the stock heading into the Trump administration. According to the firm, Elon Musk’s public support for Trump has gained him a voice in the upcoming administration, contributing to Tesla’s 40% stock rally. Firms such as Wedbush have similar stances on Tesla, stating how Trump’s return to the White House has the potential to unlock “$1 trillion of incremental AI valuation” for the company.

“As we look ahead to FY25 (and over the next 4 years), we expect to see TSLA’s TAM [total addressable market] aperture expand to far wider domains, many of which are not included in buy-side or sell-side financial models for the company”.

-Morgan Stanley analyst

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