Melius Research initiated coverage on Tesla Inc. (NASDAQ: TSLA) with a Buy rating and a $520.00 price target, citing the company’s unique positioning to harness the disruptive power of artificial intelligence across the automotive and manufacturing industries. The firm said Tesla stood out as a “must-own” name, with the potential to reshape multiple trillion-dollar sectors as AI adoption accelerates through the 2030s. Analysts highlighted Tesla’s distinct advantage in compute access and hardware management, ...