10 AI Stocks Getting Wall Street’s Attention Right Now

5. 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. On May 6, Goldman Sachs reiterated the stock as “Neutral” with a $235 price target. The firm said that China remains Tesla’s largest market and that it is bullish on the company’s full self-driving capabilities despite its existing software having only minimal local data adaptations. Nevertheless, it is sticking with its neutral rating right now.

“We believe that Tesla’s ability to leverage its Full Self Driving software in China will be important for the stock going forward given the size of the China market for vehicles, the increasingly competitive landscape for ADAS [advanced driver assistance systems] software and robotaxi offerings in the region and the role that future profits from AI enabled products like FSD have for Tesla’s valuation.”