10 Best US Tech Stocks to Buy Now

7. Tesla Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders: 104

Tesla Inc. (NASDAQ:TSLA) is one of the best US tech stocks to buy now. On June 24, Bloomberg reported that the US National Highway Traffic Safety Administration/NHTSA is investigating incidents involving Tesla’s self-driving robotaxis, which reportedly violated traffic laws during their first day of paid operations in Austin, Texas.

The agency confirmed on June 23 that it is aware of videos circulating on social media depicting these incidents and is gathering additional information from Tesla. While discussions between NHTSA and automakers on safety matters are routine, the agency stated it would take any necessary actions to ensure road safety after assessing the reports.

Several incidents caught on video. In one instance, captured by investor Rob Maurer, a Tesla Model Y robotaxi entered an Austin intersection from a left-turn-only lane, hesitated, then swerved right into an unoccupied lane meant for opposing traffic before re-entering the correct lane over a double-yellow line. This is a forbidden maneuver. Despite these reported incidents, Tesla CEO Elon Musk celebrated the launch of the robotaxi operations on Sunday and congratulated employees on a successful start.

Tesla Inc. (NASDAQ:TSLA) designs, develops, manufactures, leases, and sells electric vehicles, and energy generation & storage systems in the US, China, and internationally.