Tesla, Inc. (NASDAQ:TSLA) is one of the AI Stocks on Analysts’ Radar Right Now. On July 21, Cantor Fitzgerald analyst Andres Sheppard reiterated an “Overweight” rating on the stock with a $355.00 price target. The firm is positive on the stock, particularly owing to its potential in the autonomous vehicle market.
“Overall, we continue see Tesla’s Robotaxi segment as a software-as-a-service, high-margin model, and we expect TSLA to have the ability to rapidly scale following commercialization. We continue to believe that TSLA will capture a significant share of the autonomous driving and ride-sharing industries.”
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Tesla, Inc. is an automotive and clean energy company that leverages advanced artificial intelligence in its autonomous driving technology and robotics initiatives.
