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Morgan Stanley Maintains ‘Buy’ Rating on Tesla, Inc. (TSLA), Bullish on AI and Autonomous Technology Leadership

 

We recently compiled a list of the 15 AI News Shaping Wall Street Today. In this article, we are going to take a look at where Tesla, Inc. (NASDAQ:TSLA) stands against the other AI stocks that are shaping Wall Street today.

In recent news reported by Reuters, a U.S. congressional commission proposed a Manhattan Project-style initiative to fund the development of AI systems that will be as smart, or even smarter, than humans. The proposition is amid the intensifying competition from China over advanced technologies.

"We've seen throughout history that countries that are first to exploit periods of rapid technological change can often cause shifts in the global balance of power. China is racing towards AGI ... It's critical that we take them extremely seriously”

Helberg, while recognizing that energy infrastructure is a significant bottleneck for training large AI models, suggests that streamlining the permitting process for data centers is one way of enabling a public-private partnership that could accelerate AI development.

 

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