10 Most Popular Stocks on Robinhood in 2026

8. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders: 137  

Tesla, Inc. (NASDAQ:TSLA) is one of the most popular stocks on Robinhood. 

TheFly reported on April 23 that Morgan Stanley commented on TSLA, highlighting the company’s updated capital expenditure outlook, which now exceeds $25 billion for 2026 as it continues investing in autonomy and physical AI initiatives. The firm noted that while it remains supportive of Tesla’s long-term direction, near-term stock gains appear limited due to slower than expected progress in monetizing projects like robotaxi and Optimus. Morgan Stanley maintained its Equal Weight stance on the stock along with a $415 price target.

In a significant operational development on April 23 linked to rising vehicle demand, Tesla, Inc. (NASDAQ:TSLA) is planning to hire about 1,000 additional workers at its German Gigafactory by the end of June. The expansion is intended to support an estimated 20% increase in production beginning in the third quarter, driven by stronger demand for the Model Y.

Recruitment in Grünheide near Berlin is expected to start in May as the facility prepares to raise output levels. The workforce expansion aligns with the company’s efforts to scale manufacturing capacity in response to rising sales momentum and higher production requirements at the site.

Tesla, Inc. (NASDAQ:TSLA) is a U.S. EV and clean energy company founded in 2003 and led by Elon Musk. It produces electric vehicles like Model S, 3, X, Y, and Cybertruck, and also focuses on solar energy, battery storage, and autonomous driving technology.