5 Best EV Stocks To Buy in 2024

2. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Investors In Q4 2023: 82

Tesla, Inc. (NASDAQ:TSLA) is the most valuable car company and electric vehicle stock in the world. As its CEO Elon Musk fights to move it out of Delaware, the firm is also facing pressure in Sweden where unions are threatening a boycott due to disagreements about worker contracts.

Insider Monkey scoured through 933 hedge fund portfolios for 2023’s December quarter to find that 82 were the firm’s investors. Tesla, Inc. (NASDAQ:TSLA)’s biggest hedge fund investor is Philippe Laffont’s Coatue Management courtesy of its $1 billion stake.

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