Tesla (TSLA) Stock Under Pressure: AI Future Unclear, Analysts Warn

Tesla, Inc. (NASDAQ:TSLA) is one of the AI Stocks Gaining Attention on Wall Street.  On July 15, Evercore ISI reiterated the stock as in line. The firm said it’s staying cautious on Tesla shares.

“We believe the stock, today, is increasingly both NOISE & SIGNAL based on: 1) Unabated negative revisions, 2) Disappointing AV rollout, 3) Increasingly divisive political posting, & 4) Technicals on edge.”

Analysts on Wall Street currently have a consensus “Buy” rating on the stock. The average price target of $319 implies a 2.6% upside; however, the Street-high target of $600 implies an upside of 60.8%.

Tesla (TSLA) Stock Under Pressure: AI Future Unclear, Analysts Warn

A financial analyst intensely examining MSCI Korea 25/50 index and portfolio benchmarking.

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.