Tesla, Inc. (TSLA) is highlighted as one of the AI Stocks Making Waves on Wall Street with Morgan Stanley rating it “Overweight” and setting a $410 price target. Despite a top and bottom line miss in Q2, the stock remains a top pick for the analyst, Adam Jonas, although he has lowered earnings per share expectations for 2025 due to lower deliveries and higher expenses. This change comes as Tesla navigates towards autonomy, absorbs slower volume, and invests in new initiatives that may not yield margins for years. While Tesla leverages advanced AI in its technologies, some believe other AI stocks offer greater upside potential with less downside risk.
Read more at Yahoo Finance: Tesla (TSLA) Misses on Q2 Earnings, But Morgan Stanley Still Says Buy
