$DOGE
The stock price has fallen, yet it is firmly favored by giants!
What is the secret behind Tesla's breakthrough relying on the AI ecosystem?
Analyst Adam Jonas maintains a "Buy" rating, with a target price still set at $410.
Although Tesla's stock price has recently dropped, Jonas believes its advantages beyond electric vehicles are significant, especially in autonomous driving, robotics, and energy storage—areas with enormous potential in "physical AI capabilities". No other company can compete with its data, AI, robotics technology, and supporting networks.
He is also optimistic about the synergies within Musk's companies, such as the integration of SpaceX and Tesla, and the collaboration between xAI and the Optimus robot system. In his view, Tesla is still the top choice in the American automotive industry.
