Barclays Raises Tesla (TSLA) Price Target to $350

Tesla, Inc. (TSLA) is highlighted among AI stocks this week, with Barclays reiterating an “Equal Weight” rating and raising the price target to $350. The company is a key beneficiary of tariff changes, with all vehicles sold in the U.S. made in the country.

Analysts note Tesla’s dual narrative heading into Q3 earnings – a strong AI and autonomous driving story alongside weakening fundamentals. Barclays expects a Q3 EPS beat driven by gross margin and volume strength, but maintains a neutral to slightly negative stance due to recent rally and muted view on fundamentals.

Tesla, Inc. (TSLA) is an automotive and clean energy company that utilizes advanced artificial intelligence in its technology. While there is investment potential in TSLA, some AI stocks may offer greater upside potential and lower downside risk.