Tesla shares rose 2% on Monday after Morgan Stanley reinstated the electric-vehicle maker as its top U.S. auto pick, saying the company's artificial intelligence and robotics efforts could power growth even as the mainstay car business stumbles.
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The electric vehicle (EV) industry has been on an unprecedented growth trajectory over the past decade. From disruptive startups to established automakers, everyone is racing to deliver advanced EV solutions that meet rising consumer demands for performance,
The generative artificial intelligence startup xAI, which is led by Tesla CEO Elon Musk, appears to be expanding its massive data center in Memphis, Tenn., by purchasing a one-million-square-foot property in a southwest portion of the city.
Tesla (TSLA -4.43%) has been a wild ride over the last few months. Shares of the electric vehicle (EV) maker soared following the election of President Donald Trump in November as
Tesla shares rose 2% on Monday as Morgan Stanley analyst Adam Jonas said he sees shares of the EV giant rising to $430 as it diversifies into artificial intelligence and robotics.
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Amazon is projected to spend over $100 billion this year on AI infrastructure. One Wall Street analyst thinks the company will be spending big on its robotics capabilities. Tesla is trying to make a splash in the AI robotics market with its Optimus bot.
Key Takeaways Tesla was named the "Top Pick" for U.S. auto firms by Morgan Stanley, which pointed to the EV maker's moves into AI and robotics.Morgan Stanley has an "overweight" rating and $430 price target for Tesla.
We recently published a list of 10 AI Stocks Making Big Moves Today. In this article, we are going to take a look at where Tesla, Inc.