Truist Flags Autonomous Driving Volatility Despite Higher Tesla (TSLA) Price Target

Tesla, Inc. (NASDAQ:TSLA) is one of the AI Stocks in the Spotlight for Investors. On December 19, Truist Securities raised its price target on the stock to $444.00 from $406.00 while maintaining a “Hold” rating. The firm believes that autonomous driving developments will lead to continued volatility in the stock despite long-term AI vision. A large part of Tesla’s value is linked to how successfully it is able to commercialize its AI products and services, it said. This is particularly true for its Robota ...