Top 5 Car Company Stocks to Invest In

2. Tesla, Inc. (NASDAQ: TSLA)

Number of Hedge Funds: 68

Value of Hedge Fund Holdings: $12.3 billion

Tesla ranks 2nd on our list of top 10 car company stocks to invest in. Cathie Wood’s ARK Invest recently bought about 11,893 shares Tesla shares for ARK Autonomous Technology & Robotics ETF (BATS:ARKQ), 177,214 shares for the ARK Innovation Fund and 51,441 shares for the ARK Next Generation Internet ETF (NYSEARCA:ARKW). In a recent interview, Cathie Wood mentioned several EV stocks and said that Tesla remains the market leader in the EV space. See the highlights of that interview in our article 10 Best EV Stocks According to Cathie Wood.

Our database shows that 68 hedge funds held stakes in Tesla at the end of December, versus the 67 funds in the third quarter.

Tesla Motors Inc (NASDAQ:TSLA), Car, Model S, Sign, Showroom, Brand, Logo, automotive, sales

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