FCG Investment Co Lifts Tesla, Inc. (TSLA) Stake by 547%

Tesla, Inc. (NASDAQ:TSLA) is among the best stocks to buy now according to AI. FCG Investment Co has increased its stake in Tesla, Inc. (NASDAQ:TSLA) by a whopping 546.9% in the first quarter, according to the latest Form 13F filing with the SEC. With the acquisition of 7,050 shares of the company’s stock, the firm now owns 8,339 shares, making the stock its 21st largest holding.

Many analysts believe that the company’s financial position is weakening, owing to declining revenues, margins, and cash flow. Despite surpassing top-line expectations, Tesla, Inc. (NASDAQ:TSLA) finds itself in an unfavorable situation, which appears only temporary, thanks to developments in autonomy, growing FSD adoption, and the upcoming launch of more affordable models.

Tesla, Inc. (TSLA) Isn't Being Targeted By Trump's Copper Tariffs, Says Jim Cramer

Earlier on Monday, Tesla, Inc. (NASDAQ:TSLA) announced the launch of Model Y L in China to enhance competitiveness. This six-seat version of the Model Y is directed at Chinese consumers who prefer long-wheeled vehicles.

Tesla, Inc. (NASDAQ:TSLA) is a Texas-based manufacturer and seller of electric vehicles, and energy generation and storage systems. Incorporated in 2003, the company operates through two segments: Automotive and Energy Generation and Storage.

While we acknowledge the potential of TSLA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TSLA and that has 100x upside potential, check out our report about this cheapest AI stock.

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