Tesla (TSLA) Delivery Outlook Improves as Morgan Stanley Keeps Equal Weight Rati

Tesla, Inc. (NASDAQ:TSLA) is one of the 14 AI Stocks Making Moves on Wall Street: Nvidia, Micron, and More.

On June 26, Morgan Stanley reiterated the stock as equal weight, stating how it anticipates robust delivery numbers from Tesla the following week. The firm cited stronger-than-expected sales trends in Europe and China. However, it remains cautious on the electric vehicle maker's energy storage business.

We are increasing our 2Q Tesla delivery estimates to 413K units, from 373K, supported by stronger regional sales trends.

The firm left its $415 price target unchanged due to its cautious stance on Tesla's energy storage deployments.

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

While we acknowledge the potential of TSLA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/tesla-tsla-delivery-outlook-improves-102558152.html)