5 Most Promising EV Stocks According To Hedge Funds

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In this piece, we will take a look at the five most promising EV stocks according to hedge funds. For a deep dive into the electric vehicle industry and all the latest news, check out 5 Most Promising EV Stocks According To Hedge Funds.

5. Rivian Automotive, Inc. (NASDAQ:RIVN)

Number of Hedge Fund Investors In Q3 2023: 35

Rivian Automotive, Inc. (NASDAQ:RIVN) is an American electric vehicle company that is developing electric SUVs and pickup trucks that use a characteristic skateboard chassis. The firm scored a win in December 2023 when it inked a deal with AT&T to supply it with electric vehicles which the carrier hopes will enable it to reduce emissions.

35 out of the 910 hedge funds part of Insider Monkey’s Q3 2023 database were Rivian Automotive, Inc. (NASDAQ:RIVN)’s shareholders. Daniel Sundheim’s D1 Capital Partners was the largest shareholder courtesy of its $327 million investment.

Follow Rivian Automotive Inc. / De (NASDAQ:RIVN)


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