Wedbush Stays Bullish on Tesla (TSLA), Sees Positivity Ahead of Q3 Results

Tesla, Inc. (NASDAQ:TSLA) is one of the AI Stocks Making Moves on Wall Street. On October 20, Wedbush reiterated the stock as “Outperform” with a $600 price target. The firm said it’s sticking with Tesla ahead of earnings later this week.

“This Wednesday after the bell Tesla will report its FY3Q25 earnings with incremental positivity around this quarter’s results with the deliveries beat led by some pull-forward EV demand (US tax credit ending) and a relative bounce back in China sales.”

Tesla, Inc. (NASDAQ:TSLA) is an automotive and clean energy company that leverages advanced artificial intelligence in its autonomous driving technology and robotics initiatives. david-von-diemar-ZBWn5DvO0hg-unsplash 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 AI Stocks Analysts Are Watching Closely and 10 AI Stocks in the Spotlight This Week Disclosure: None.