8 Biggest EV Stocks to Watch in 2025

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1.  Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders: 104

Shares of Tesla, Inc. (NASDAQ:TSLA) surged 1.7%, continuing their three-day upswing, following CEO Elon Musk’s admission that his remarks regarding President Trump “went too far.”

Since the June 5 low, the company has recovered 23% of its market value due to the apology. Given that investor sentiment had been negatively impacted by regulatory uncertainty resulting from the disagreement, Musk’s action seems to be an attempt to defuse tensions with the U.S. government.

Musk has been the target of vandalism at Tesla, Inc. (NASDAQ:TSLA) dealerships and public outrage since he was designated as a “special government employee” with a focus on reducing waste. The dispute with Trump had become a major burden, causing concerns about potential regulatory obstacles to the firm’s autonomous driving ambitions.

Analyst Dan Ives of Wedbush described the partnership as “mutually necessary,” particularly as Tesla, Inc. (NASDAQ:TSLA) gets ready to introduce its robotaxi service in Austin on June 22. Ives believes the decision is the first step toward a $2 trillion valuation for the business, which will be fueled by autonomy and the company’s impending Cybercab launch. Tesla is one of the best EV stocks to invest in.

While we acknowledge the potential of TSLA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TSLA and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stock To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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