10 Best NASDAQ Stocks to Buy For Long Term

7. Tesla, Inc. (NASDAQ:TSLA)

5-Year Revenue CAGR: 29.25%

Number of Hedge Fund Holders: 115

Tesla, Inc. (NASDAQ:TSLA) is one of the best NASDAQ stocks to buy for the long term. On September 16, Tesla, Inc. (NASDAQ:TSLA) announced on X that it has officially opened Cybertruck orders in the United Arab Emirates (UAE), allowing reservation holders in the country to order.

This marks the beginning of Tesla, Inc.’s (NASDAQ:TSLA) launch of the all-electric pickup truck in the Middle East.

Tesla, Inc. (NASDAQ:TSLA) also said that it will launch a public configurator in the Middle East in the coming weeks.

This announcement comes as Tesla, Inc. (NASDAQ:TSLA) slowly introduces Cybertruck to international markets. The first country outside North America to get this electric pickup truck was South Korea, where orders opened in August 2025.

Now, with the Middle East, Tesla, Inc. (NASDAQ:TSLA) is looking to attract high-income buyers in markets where pickup trucks are seen as useful and a sign of status.

Tesla, Inc. (NASDAQ:TSLA) is an automotive and clean energy company that is known for its electric vehicles and energy generation and storage systems. The company also leverages advanced AI in its autonomous driving technology and robotics initiatives.