5 Largest Automotive Companies and Suppliers in the World

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1. Tesla, Inc. (NASDAQ:TSLA)

Latest Market Capitalization: $572.72 billion

Tesla, Inc. (NASDAQ:TSLA) is the biggest and most well known electric vehicle manufacturer in the world. Turbulence in its stock that has sent the shares tumbling this year has also caught Wall Street’s attention, with Citi cutting the share price target to $196 from $224 in March 2024 along with a downward revision of delivery estimates.

During last year’s fourth quarter, 82 out of the 933 hedge funds part of Insider Monkey’s database were Tesla, Inc. (NASDAQ:TSLA)’s shareholders. Philippe Laffont’s Coatue Management owned the biggest stake which was worth $1 billion.

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Disclosure: None. You can also take a look at 11 Most Undervalued Cybersecurity Stocks To Buy According To Analysts and 20 Largest Companies in the World by Market Cap in 2024.

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