Top 10 AI Stocks Dominating Wall Street

4. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders: 99

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 January 27, CNBC reported that Goldman Sachs analyst Mark Delaney has reiterated a Neutral rating on Tesla and a $345.00 price target on the stock. According to the firm, Tesla has long-term potential, but it may be time to wait and see. The company is leading in electric vehicles, with capabilities in AI. However, its Full Self-Driving Technology may take longer to develop than expected.

“We believe Tesla remains well positioned for long-term growth, given its leadership position in EVs; the breadth/depth of its technical capabilities in AI, software, and hardware; and its ability to benefit from a full set of solutions including in charging and storage. However, we see a handful of offsetting factors. These include: 1) We expect the ramp in FSD to take longer than Tesla currently targets; 2) We believe auto fundamentals could remain volatile in the near-term (with lower pricing/incentives a headwind, and we expect delivery volumes to be somewhat lower than Tesla’s outlook for 2025); 3) We see valuation as full.”