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Tesla, Inc. (NASDAQ:TSLA) is one of the Trending AI Stocks on Wall Street. On August 21, Goldman Sachs reiterated the stock as “Neutral” stating that it is cautious on Tesla’s robotaxi launch.
“For Tesla specifically, we think it is a positive that Tesla has begun robotaxi operations which puts it on the path to addressing a large market (we estimate that the U.S. robotaxi market will be $7 bn in 2030…)”david-von-diemar-ZBWn5DvO0hg-unsplash
Analysts on Wall Street currently have a consensus “Buy” rating on the stock. The average price target of $329 implies a 2.39% upside; however, the Street-high target of $500 implies an upside of 48.34%.
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 Must-Watch AI Stocks for Investors and 10 Trending AI Stocks on Wall Street
Disclosure: None.
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