When artificial intelligence (AI) is mentioned Microsoft, Nvidia, and  are often the first stocks that come to mind. And for good reason. They're all excellent companies, and each one, in its own way, is responsible for exciting AI innovations.

There is, however, another stock worth mentioning. Indeed, in some respects, this company's future is riding on its ability to develop a specific form of AI. If it fails, it may never reach its full potential. But if it succeeds -- watch out. What's more, according to Cathie Wood, its share price might soar to over $2,000 by 2027.

The stock is Tesla (NASDAQ: TSLA). Read on to see why AI is so important to the company, and whether its stock is likely to reach Wood's lofty target.

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Source Fool.com