10 AI Stocks Investors Are Watching

6. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders: 120

Tesla, Inc. (NASDAQ:TSLA) is one of the 10 AI Stocks Investors Are Watching. On December 22, Canaccord Genuity raised its price target on the stock to $551.00 from $482.00 while maintaining a “Buy” rating. Despite near-term delivery softness, the firm sees long-term upside for the stock from autonomy, energy storage, and robotaxi momentum.

The firm acknowledged how delivery expectations for 4Q25 are being revised lower. However, it also noted that the reset in the US EV market will create a foundation for more durable and attractive long-term demand.

The firm also discussed accelerating EV penetration in emerging markets, reinforcing the company’s multi-year growth trajectory beyond the US. Two factors were highlighted as important components for Tesla’s equity story:

“Global progress in FSD and the anticipated rollout of a larger robotaxi fleet in 2026 are increasingly important components of the Tesla equity story and could provide sentiment tailwinds. Recently approved compensation packages for Mr. Musk appear to align incentives and long-term value creation – integrating major platform milestones in autonomy and AI.”

More news about Tesla’s Optimus humanoid robot program in 2026 is also expected to enhance perceptions of the company’s profit opportunities beyond automotive.

“Taken together, these underlying positives outweigh the near-term earnings reset in the valuation framework, supporting an increase in our target price from $482 to $551 even as 4Q25 delivery estimates move lower.”

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