Mag7 and Beyond: Top 10 AI News Updates and Ratings

7. 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 April 1, Wells Fargo added Tesla stock to its “Tactical Underweight” second quarter list, stating that it is sticking with its underweight rating heading due to too many negative catalysts.

“We have an Underweight rating on TSLA. We continue to see delivery growth declines & diminished return on price cuts driving a ~280bps y/y decline in 2025 auto [gross margin] ex credits. We remain skeptical on the CyberCab Deployment in Austin.”