Tesla (TSLA) Faces Brand Headwinds, But Analysts Stay Confident

Tesla, Inc. (NASDAQ:TSLA) is one of the Trending AI Stocks on Wall StreetOn August 4, Morgan Stanley analyst Adam Jonas reiterated an Overweight rating on the stock with a $410.00 price target.

According to the firm, their summer intern class has provided “a window on the preferences of a future generation of business leaders and commercial influencers.”

As such, only 5% of interns have labeled Tesla as their “most desirable car brand.” There also seems to be a declining interest in Tesla’s robotaxi service among the group.

Tesla (TSLA) Faces Brand Headwinds, But Analysts Stay Confident

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“Our summer intern class provides a window on the preferences of a future generation of business leaders and commercial influencers. Just 5% of interns listed Tesla as their ‘most desirable car brand’ (down from 11% LY), while preference for a Tesla robotaxi service also fell sharply to 12% from 31%.”

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

While we acknowledge the risk and potential of TSLA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TSLA and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.