Tesla (TSLA) Stock Under Pressure: AI Future Unclear, Analysts Warn

Tesla, Inc. (NASDAQ:TSLA) is one of the AI Stocks Gaining Attention on Wall Street.  On July 15, Evercore ISI reiterated the stock as in line. The firm said it’s staying cautious on Tesla shares.

“We believe the stock, today, is increasingly both NOISE & SIGNAL based on: 1) Unabated negative revisions, 2) Disappointing AV rollout, 3) Increasingly divisive political posting, & 4) Technicals on edge.”

Analysts on Wall Street currently have a consensus “Buy” rating on the stock. The average price target of $319 implies a 2.6% upside; however, the Street-high target of $600 implies an upside of 60.8%.

Tesla, Inc. (NASDAQ:TSLA) is an automotive and clean energy company that leverages advanced artificial intelligence in its autonomous driving technology and robotics initiatives.

While we acknowledge the potential of TSLA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 Trending AI Stocks on Wall Street and 10 Must-Watch AI Stocks on Wall Street.

Disclosure: None.