UBS Raises Tesla (TSLA) Price Target to $247, Expects Focus on AI Outlook

Core Insights - Tesla, Inc. is recognized as a significant player in the AI sector influencing Wall Street's upcoming rally, with UBS maintaining a "Neutral" rating and increasing the price target to $247 from $215, anticipating improved results post-deliveries [1][2] Group 1 - UBS expects Tesla's stock performance to be driven more by future AI developments than by current financial results, despite anticipating a challenging fourth quarter in 2025 [1][2] - The company is positioned in the automotive and clean energy sectors, utilizing advanced AI for autonomous driving and robotics [2] - There are other AI stocks that may present greater upside potential and lower downside risk compared to Tesla, indicating a competitive landscape in the AI investment space [3]