Robotaxi deployment progress and multiple brokerage rating/target updates can influence near-term sentiment and trading, even though it is framed as portfolio/investment commentary rather than primary new operational guidance.
Tesla, Inc. (TSLA) Is A Top Stock In Ken Griffin’s Portfolio Ramish Cheema Thu, June 11, 2026 at 7:31 PM GMT+2 2 min read TSLA EBON Tesla, Inc. (NASDAQ:TSLA) is one of the 13 Best Stocks to Invest In According to Billionaire Ken Griffin .
While electric vehicle giant Tesla, Inc. (NASDAQ:TSLA)’s shares are up by 32% over the past year, year-to-date, they are down by 6. 6%.
As per Reuters, the firm is progressing well with its unsupervised robotaxi service. On June 3rd, the publication reported that Tesla, Inc. (NASDAQ:TSLA) is rolling out its unsupervised robotaxis in the Austin Metro area.
Reuters added that the successful deployment of the platform was key for the car company’s current pivot into AI and robotics. More recently, Erste Group and JPMorgan discussed Tesla, Inc. (NASDAQ:TSLA)’s shares.
On the 5th, Erste bumped the stock’s rating to Hold from Sell and outlined that the firm’s sales and profits could increase in 2026. JPMorgan raised the rating to Neutral from Underweight and increased the share price target to $475 from $145 on the back of Tesla, Inc. (NASDAQ:TSLA)’s strengths in industrial manufacturing and physical artificial intelligence.
Tesla, Inc. (TSLA) Is A Top Stock In Ken Griffin's Portfolio A Tesla car. Photo from Tesla website Impax US Sustainable Economy Fund discussed Tesla, Inc.
(NASDAQ:TSLA) in its Q1 2026 investor letter : “Tesla, Inc. (NASDAQ:TSLA) (Consumer Discretionary, Automobile Manufacturers) is held but as a significant underweight position, relative to the benchmark, given limited sustainability opportunity exposure and a weaker Corporate Resilience profile. The stock fell sharply during the quarter, driven by a combination of weakening electric vehicle (EV) demand in key markets, rising competitive pressure from Chinese manufacturers and headline risk around its CEO.
The portfolio’s underweight position meant that this sharp decline generated the largest single positive active contribution to return in the period. ” While we acknowledge the potential of TSLA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock .
READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy . Disclosure: None. Follow Insider Monkey on Google News .
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