30 Best Stocks To Invest In According to Billionaires

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19. Tesla, Inc. (NASDAQ:TSLA)

No. of Billionaire Investors: 21

Total Value of Billionaire Holdings: $8.09 Billion

Tesla, Inc. (NASDAQ:TSLA) started business as an EV maker, but it has diversified its revenue stream, by expanding operations from automotive to energy businesses. However, the majority of its earnings come from vehicle sales, which include the design, manufacturing, and sale of EV models such as the Model 3, Model S, Model X, and Model Y. The company is also engaged in leasing, used vehicle sales, retail merchandise, insurance, energy generation, vehicle servicing, non-warranty after-sales services, and public charging.

Recently, Morgan Stanley analyst Adam Jonas priced TSLA shares at $430 as it diversified into AI and robotics. Jonas believes that Tesla’s expansion into robotics and AI together with its current leadership in EV might offer long-term growth prospects. The analyst expects the EV maker’s full-year 2025 deliveries to decline compared to 2024, “creating an attractive entry point” for investors. In the bull case scenario, the analyst has set a price target of $800 per share.

“Tesla’s softer auto deliveries are emblematic of a company in the transition from an automotive ‘pure play’ to a highly diversified play on AI and robotics,” added Jonas.

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