Goldman Sachs Maintains “Equal Weight” on Tesla (TSLA), Sees Upcoming Catalysts in Q3 Earnings

Group 1 - Tesla, Inc. is being closely monitored by investors as an AI stock, with Goldman Sachs reiterating an "Equal Weight" rating and raising the price target to $425 from $395 due to better-than-expected delivery numbers [1] - The expiration of IRA credits is anticipated to be a challenge in Q4, but there are positive events expected, including Q3 earnings benefiting from stronger deliveries and increased Energy deployments, as well as the shareholder meeting on November 6 [2] - Tesla is recognized as an automotive and clean energy company that utilizes advanced artificial intelligence in its autonomous driving technology and robotics initiatives [2] Group 2 - While Tesla is acknowledged as a potential investment, there are other AI stocks that may offer greater upside potential and less downside risk [3] - A report is available highlighting an undervalued AI stock that could benefit from Trump-era tariffs and the onshoring trend [3]