10 Must-Watch AI Stocks on Wall Street

6. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders: 104

Tesla, Inc. (NASDAQ:TSLA) is one of the 10 Must-Watch AI Stocks on Wall Street. On July 11, Goldman Sachs analyst Mark Delaney lowered the price target on the stock to $285.00 from $315 while maintaining a “Neutral” rating. The rating comes as part of a broader research note on the U.S. Autos and Industrial Tech industry.

In a research note, the analyst told investors that they are raising their US auto forecast to reflect more measured tariff levels than what had been proposed originally. This is despite that it still anticipates auto sales in the US to slow down in the second half after people bought early to avoid tariffs.

The firm anticipates US auto sales at 15.75M and 15.50M units in 2025 and 2026, respectively, whereas its prior forecast was 15.40M and 15.25M.

 “However, we lower our expectation for EV (BEV) mix in the US to better reflect company-specific datapoints (in particular weaker sales at Tesla, which has accounted for roughly half of the US BEV market historically, but also more flexible EV targets and/or slower EV sales from Ford, GM, and Rivian).”

In other news, Elon Musk said on Monday, July 14, that he does not support a merger between xAI and Tesla. X account @BullStreetBets_ asked Tesla investors on the site if they support a merger between Tesla and xAI. Musk responded with “No.”

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