From Yahoo Finance: 2025-05-28 11:25:00

Tesla, Inc. (TSLA) is at the forefront of AI stocks gaining Wall Street’s attention, with Cantor Fitzgerald analyst Andres Sheppard reiterating an “Overweight” rating and a $355 price target. Tesla’s advanced AI technology, including Full Self-Driving (FSD) capabilities, has garnered optimism for the company’s future prospects.

Sheppard’s optimism is fueled by Tesla’s plan to launch fully autonomous robotaxis in June, starting with its fleet in Austin and expanding by year-end. The company’s Tesla Vision technology, powered by AI and machine learning, has already logged over 3.5 billion supervised miles, showcasing its advanced capabilities.

Despite near-term challenges such as macroeconomic conditions and the removal of EV tax credits, Tesla remains optimistic about its market prospects. CEO Elon Musk’s commitment to focusing more on the company and upcoming initiatives like the FSD rollout in China and Europe further bolster confidence in Tesla’s long-term success.

Tesla is positioned for significant growth in the self-driving market, with initiatives like Robotaxi, Energy Storage & Deployment, and Optimus Bot expected to drive substantial revenue. While TSLA ranks 4th on the list of AI stocks gaining attention, some stocks are seen as having greater potential for higher returns with limited downside risk.

Read more: Tesla (TSLA) Gets $355 Price Target as Robotaxi Launch Sparks Analyst Optimism