Tesla, Inc. (TSLA.US) once again receives strong support from the bulls! Baird gives a "buy" rating, defining it as a leader in "physical AI."

In pre-market trading on Friday, the stock price of Tesla, Inc. (TSLA.US) rose. Previously, Baird upgraded this electric car manufacturer from "neutral" to "hold". The firm believes that although Tesla, Inc.'s fundamentals may fluctuate in the short term, market sentiment is showing a positive trend. Analyst Ben Kallo emphasized, "In the past few quarters, Tesla, Inc.'s performance has been underwhelming, and the stock price has reacted relatively flatly to this; at the same time, investor interest in the company's long-term plans continues to rise - these two factors lead us to believe that market attention on Tesla, Inc. is increasingly shifting towards its future potential." The key point is that Kallo and his team suggest that the investment community is increasingly viewing Tesla, Inc. as a leader in the "physical AI" field. They believe that Tesla, Inc.'s future core catalysts include: the release of the next generation Optimus humanoid Siasun Robot&Automation, the expansion of robotaxi in the US market, the introduction of more affordable models, and the upcoming shareholder vote on Elon Musk's compensation plan. This week, Wedbush Securities reiterated an "outperform" rating for Tesla, Inc. (TSLA.US), with the core view that investors are gradually seeing through the short-term demand issues the company faces and focusing on long-term value. Morgan Stanley analysts also recently released a research report sharing their experience using Tesla, Inc.'s FSD (Full Self-Driving) system for a round trip of about 1400 kilometers between Westchester County, New York and Franklin County, Michigan, praising its complete transformation of the long-distance travel experience. They rated Tesla, Inc.'s stock as "hold" with a target price of $410. As of the time of writing, Tesla, Inc.'s stock price rose by 1% to $421.42 in pre-market on Friday. Over the past six weeks, the stock price of this electric car company has accumulated a gain of over 25%. In addition, Tesla, Inc. will release its third quarter (Q3) delivery volume report in less than two weeks.