5 Best Robinhood Stocks to Buy Right Now

3. Tesla, Inc. (NASDAQ: TSLA)

Number of Hedge Fund Holders: 68     

Tesla, Inc. (NASDAQ: TSLA) is a California-based electric vehicle and energy battery maker. It was founded in 2003 and is placed third on our list of 10 best Robinhood stocks to buy right now. Tesla stock is a high-risk, high-reward investment as sales numbers and government inquiries into the firm’s self-driving features keep the share price volatile. The 52-week price range of the company stock likes between $150-$900. Tesla is owned by billionaire Elon Musk who also runs several other technology companies. 

On May 1, investment firm Loup Ventures backed Tesla, Inc. (NASDAQ: TSLA) for long term success as the US government prepares a plan to incentivize EV production and extend tax benefits for clean energy and electric vehicle firms. 

Out of the hedge funds being tracked by Insider Monkey, Chicago-based investment firm Citadel Investment Group is a leading shareholder in the firm with 28.9 million shares worth more than $20 billion.