Top 10 AI Stocks Making Headlines on Wall Street

7. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders: 126

Tesla, Inc. (NASDAQ:TSLA) is an automotive and clean energy company that leverages advanced artificial intelligence in its autonomous driving technology and robotics initiatives. On May 13, Morgan Stanley analyst Adam Jonas maintained a “Buy” rating on the stock with a $410.00 price target. The firm believes that Tesla has the potential to grow beyond electric cars, particularly in the landscape of physical AI and international trade relations. The recent easing of trade tariff tensions is seen as a positive catalyst for the company, allowing for greater cooperation between the US and Chinese manufacturing sectors.

The increased cooperation will allow for advancing AI-adjacent manufacturing, where China is supposedly leading. The analyst further noted that Tesla may serve as a key player in bringing advanced Chinese tech into the US, and that competing in artificial intelligence doesn’t mean that countries need to be isolated. Moreover, improved Sino-US relations and reduced focus on tariffs are likely to create a more favorable environment for Tesla’s growth.