TSLA Stock Price

Top Stocks To Buy In Wednesday 2016-02-12

The No. 1 most actively traded U.S. stock on Wednesday was Nvidia(NASDAQ:NVDA), which closed up 0.80% with $27.384 billion in trading volume.

UBS raised its target price on Nvidia from $235 to $245.

In its latest report, Goldman Sachs lifted its earnings forecast for Nvidia’s fiscal fourth quarter of 2026 and maintained a $250 price target, emphasizing that revenue visibility for 2027 will be a key catalyst. Institutional ratings show that more than 90% of analysts assign a “Buy” or “Overweight” rating, with an average target price of $260.26, reflecting market optimism about AI computing demand. However, Goldman also warned of risks such as a slowdown in AI infrastructure investment and intensifying competition.

The No. 2 most actively traded stock was Tesla (NASDAQ:TSLA), which rose 0.72% on trading volume of $24.366 billion.

According to reports, Tesla Vice President Raj Jegannathan announced on LinkedIn on February 9 local time that he was leaving the company, ending his 13-year tenure. This marks the latest departure in a wave of executive exits from companies under Elon Musk. Previously, several core executives at Tesla and xAI had also stepped down.

Jegannathan wrote, “It’s not easy to summarize 13 years in one post. My journey at Tesla has been a continuous evolution. As I leave, I do so with gratitude and excitement for what lies ahead.”

The No. 3 most actively traded stock was Micron Technology (NASDAQ:MU), which surged 9.94% on trading volume of $19.165 billion.

On Wednesday, Morgan Stanley raised its target price on the stock from $350 to $450 while maintaining an “Overweight” rating. The new target is above Micron’s Wednesday closing price of $410.34 and aligns with the broadly bullish consensus among analysts. Public data show that the stock’s average analyst rating stands at 1.56 (Strong Buy).

In addition, during a speech at the Wolfe Research conference, Micron addressed rumors that it “might miss out on Nvidia’s new HBM4 orders,” stating that the supply-demand imbalance, with capacity in short supply, is expected to persist at least through 2028. The clarification helped lead a strong rebound in shares of several leading memory manufacturers.

The No. 4 most actively traded stock was Microsoft (NASDAQ:MSFT), which fell 2.15% on trading volume of $16.686 billion.

According to media reports, Bill Gates, chairman of the Gates Foundation, made a surprise appearance in Zhangjiang, Shanghai, on the evening of February 11 to attend an event titled “Action Creates Hope.”

This visit marked Gates’ return to China approximately two and a half years after his previous trip in June 2023.

In an interview, Gates directly addressed the controversy surrounding his relationship with Jeffrey Epstein. He clarified, “Between 2011 and 2014, I did have several dinners with Epstein, but there is really nothing new to add about that. I never had contact with any victims, nor did I ever visit his island.”

The No. 5 most actively traded stock was Alphabet Class A (NASDAQ:GOOGL), which declined 2.39% on trading volume of $14.066 billion.

According to reports, Google is introducing a new feature that allows consumers to purchase products directly when receiving AI-powered answers through its search engine and Gemini chatbot. This initiative is part of a broader strategy to monetize user engagement with artificial intelligence more directly.

In a letter to the advertising industry on Wednesday, the company said that its AI mode in Google Search is testing new ad formats that allow retailers and other advertisers to showcase products. Google also stated that users can now purchase items from Etsy and Wayfair directly within Gemini. The newly added “Direct Offers” feature in AI mode will enable brands to provide discounts to potential shoppers.

The No. 6 most actively traded stock was Apple (NASDAQ:AAPL), which rose 0.67% on trading volume of $13.963 billion.

Well-known technology journalist Mark Gurman reported that Apple’s long-planned upgrade to its Siri voice assistant has encountered setbacks in recent weeks of testing, which could delay the release of several highly anticipated features.

According to sources familiar with the matter, Apple had originally planned to introduce these new features in iOS 26.4, scheduled for release in March, but is now considering spreading them across future versions.

This means that at least some of the features could be postponed until iOS 26.5, expected in May, or even until iOS 27, set for release in September.

Musk Makes Surprise Appearance at Davos: Humanoid Robots May Go on Sale by Late Next Year

Elon Musk, the world’s richest person and CEO of Tesla, recently stated that Tesla may begin selling its humanoid robot, “Optimus,” to the public by the end of next year.

Speaking on Thursday (January 22) at the World Economic Forum annual meeting in Davos, Switzerland, Musk noted that Tesla(TSLA) is already utilizing some Optimus units in its factories to perform simple tasks. He predicted that by the end of 2026, these robots will be capable of “completing more complex work.

Musk emphasized that Tesla will only officially launch the product to the public once it is “convinced that the product possesses extremely high reliability, exceptional safety, and a very broad range of functions.”

These latest remarks provide a more definitive timeline for this future business line. While Musk has frequently touted the massive potential of Optimus, his previous statements regarding production pace and targets had remained relatively vague. During an earnings call in January 2025, he offered a “very rough guess” that Tesla would begin delivering Optimus robots to other companies in the second half of 2026.


Key Highlights from the Conversation with Larry Fink

In a dialogue with BlackRock CEO Larry Fink, Musk touched upon several topics, including space-based data centers, robotaxis, and power supply bottlenecks. His key points included:

  • Robot Proliferation: He expects robot production to meet all human needs, predicting there will eventually be “billions” of humanoid robots. These robots will also be capable of performing caregiving tasks.
  • AI Costs and Constraints: The cost of AI is plummeting and will become extremely low. However, the limiting factor for AI deployment is electricity supply. AI chip production will soon exceed the amount of power available to support their operation.
  • SpaceX and Solar Energy: In a few years, SpaceX will launch solar-powered AI satellites. Musk criticized high U.S. solar tariffs for artificially inflating the economic cost of deployment. SpaceX and Tesla are scaling solar production with a target of 100GW per year.
  • Autonomous Driving: Robotaxi services will become “very, very widespread” within the U.S. by the end of this year. He also hopes to secure approval for Full Self-Driving (FSD) in Europe by next month.
  • Starship and Space AI: Musk aims to prove the full reusability of Starship this year. He also noted that the cheapest place to deploy AI is in space, calling space-based solar AI data centers an “obvious choice.”
  • Intelligence Forecast: He predicts that by 2030, AI will be smarter than all of humanity combined.

Strategic Pivot and Historical Context

Tesla has now positioned humanoid robots as a core pillar of its future development, alongside AI and autonomous driving technology. Musk has previously suggested that Tesla’s future will increasingly depend on these robots.

In contrast, Tesla’s traditional core business—electric vehicle sales—is under pressure due to a lack of fresh product lines and the phase-out of U.S. EV subsidies, resulting in two consecutive years of declining deliveries. Earlier this week, Musk warned that the initial mass production of Optimus and the Cybercab (robotaxi) would be “exceptionally slow and agonizing.

Notably, Musk’s appearance at Davos was a surprise, as he was added to the Thursday agenda at the last minute. The billionaire has frequently criticized the forum in the past, calling the annual gathering of global elites “boring” and slamming the World Economic Forum (WEF) as increasingly resembling an “unelected world government that people didn’t ask for and don’t want.”

In 2022, he famously posted on social media: “What even is the WEF / Davos? Are they trying to be the boss of Earth?”