Wedbush Reiterates Outperform on Tesla (TSLA), Calls Musk a ‘Wartime CEO’

Tesla, Inc. (NASDAQ:TSLA) is one of the Trending AI Stocks on Wall StreetOn September 15, Wedbush reiterated the stock as “Outperform” stating that Tesla CEO Elon Musk is a “wartime CEO.”

According to analyst Dan Ives, the company is in a prime position to emerge as a clear leader in the autonomous market opportunity, and that robotaxis are set to scale to 30 to 35 cities in the U.S. over the next year.

Ives and his team have deemed the new pay package for Elon Musk as crucial, and that Musk, being CEO, is the most important asset to Tesla (TSLA).

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“We believe Tesla and Musk are heading into a very important chapter of their growth story as the AI Revolution takes hold and the Robotaxi opportunity is now a reality on the doorstep.”

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.