10 Must-Watch AI Stocks on Wall Street

5. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders: 115

Tesla, Inc. (NASDAQ:TSLA) is one of the 10 Must-Watch AI Stocks on Wall Street. On November 20, Piper Sandler reiterated its Overweight rating on the stock with a $500 price target. The rating affirmation comes after an investor meeting at the company’s Fremont facility in California.

Analysts now view autonomy as a key upside driver for Tesla, noting that they came away impressed by FSD v14 following a flawless robo taxi test.

“This week, we hosted an investor meeting at Tesla’s facility in Fremont, CA. We test ‘drove’ the latest version of Tesla’s full self-driving (FSD) software, while also participating in 75+ minutes of Q&A.”

The firm test drove the latest version of Tesla’s FSD software, noting how it is a “truly impressive product.” It believes that investors should try the FSD v14, noting how it drives better than the average American. The statement was made after a flawless robo-taxi ride to the hotel.

“A flawless robo-taxi ride to the hotel reinforced our conviction in this statement. Other topics included Tesla’s in-house chip efforts, the Optimus robot, stationary storage batteries, and comments re: capex, margins, etc.”

The firm participated in over 75 minutes of question-and-answer sessions, with much of the discussion centered on FSD and Tesla’s robo-taxi development efforts.

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