5 Best Robotics Stocks To Buy According To Hedge Funds

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In this piece, we will discuss the 5 best robotics stocks to buy according to hedge funds. If you want to find out about more stocks, then take a look at 10 Best Robotics Stocks To Buy According To Hedge Funds.

5. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders: 72

Tesla, Inc. (NASDAQ:TSLA) is the world’s premier manufacturer of electric vehicles, and it is known for extensively integrating robots in its manufacturing processes. The heavy lifting of a Tesla’s manufacturing process is done through robots. Tesla, Inc. (NASDAQ:TSLA) is also developing its own robot for manufacturing assistance.

Tesla, Inc. (NASDAQ:TSLA)’s new manufacturing robot is aptly dubbed the Tesla Bot. This is a small bot that will be capable of lifting loads up to 20 kilograms, and the company’s chief executive officer Mr. Elon Musk hopes to unveil a working prototype of the robot later this year. The Tesla Bot is intended to replace as many human tasks as it can, particularly those in dangerous environments that pose a threat to worker safety.

Insider Monkey’s Q2 2022 895 hedge fund survey saw 72 as having bought Tesla, Inc. (NASDAQ:TSLA)’s shares.

Tesla, Inc. (NASDAQ:TSLA)’s largest investor in our database is Catherine D. Wood’s ARK Investment Management which owns 1.4 million shares that are worth $1 billion.


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