Tesla, Inc. (NASDAQ:TSLA) is one of the 11 Best Revenue Growth Stocks to Buy Now. On July 24, TD Cowen increased its price target for Tesla, Inc. (NASDAQ:TSLA) from $330 to $374 while keeping a Buy rating.
This decision came after the company reported Q2 2025 results, which TD Cowen said were mostly solid and in line with expectations.
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Although Tesla, Inc.’s (NASDAQ:TSLA) management gave cautious comments about the company’s near-term earnings, TD Cowen pointed out that this was not surprising.
The firm highlighted that Tesla, Inc.’s (NASDAQ:TSLA) recent progress in autonomous vehicle technology and other upcoming catalysts are “too significant to ignore.” According to TD Cowen, these factors outweigh the near-term earnings challenges, which are already “well-recognized” by the market.
Tesla, Inc. (NASDAQ:TSLA) is an automotive and clean energy company that is known for its electric vehicles and energy generation and storage systems. The company leverages advanced AI 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.
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Disclosure: None. This article is originally published at Insider Monkey.