Top 10 AI Stocks on Wall Street’s Radar Right Now

6. 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. Dan Ives from Wedbush has been bullish on Tesla, particularly as political shifts, such as Donald Trump’s return to power, have created a more favorable environment for the company.

On February 20, Wedbush analyst Daniel Ives maintained a Buy rating on the stock and set a price target of $550.00. Ives is bullish on Tesla today due to its potential for an increase in the stock’s valuation driven by federal deregulatory policies in the autonomous vehicle sector.

Moreover, even though Musk is focusing on other ventures such as DOGE, Ives highlighted how Tesla is on the brink of launching a new mass-market vehicle and advancing its autonomous and robotics capabilities. This will serve as a major growth catalyst for Tesla, along with the expected release of Tesla’s Austin unsupervised Full Self-Driving feature. The analyst also predicts Tesla’s production and innovation milestones to remain robust, reflecting his confidence in the company.