10 AI Stocks Investors Should Keep on Their Radar

6. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders: 115

Tesla, Inc. (NASDAQ:TSLA) is one of the 10 AI Stocks Investors Should Keep on Their Radar. On August 29, Bank of America reiterated the stock as “Neutral” stating that European Tesla registrations remain disappointing.

“Despite the strong performance of BEVs [battery electric vehicles] in the region, TSLA sales continue to disappoint. TSLA’s registrations are down -33.6% YTD, with July at -40% YoY. This indicates that TSLA is losing market share to competitors which are expanding their BEV offerings.”

On the same day, Piper Sandler analyst Alexander Potter maintained a Buy rating on the stock today and set a price target of $400.00 on the company’s Full Self-Driving progress. The firm discussed the progress in robo-taxis and FSD despite cost headwinds.

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