Wedbush Stays Bullish on Tesla (TSLA), Sees Positivity Ahead of Q3 Results

Tesla, Inc. (NASDAQ:TSLA) is one of the AI Stocks Making Moves on Wall Street. On October 20, Wedbush reiterated the stock as “Outperform” with a $600 price target. The firm said it’s sticking with Tesla ahead of earnings later this week.

“This Wednesday after the bell Tesla will report its FY3Q25 earnings with incremental positivity around this quarter’s results with the deliveries beat led by some pull-forward EV demand (US tax credit ending) and a relative bounce back in China sales.”

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

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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.