Should You Buy Tesla Motors Inc (TSLA)?

What does the smart money think about Tesla Motors Inc (NASDAQ:TSLA)?

At Q4’s end, a total of 29 of the hedge funds tracked by Insider Monkey were long this stock, an increase of 12% from one quarter earlier. With hedge funds’ sentiment swirling, there exists an “upper tier” of notable hedge fund managers who were increasing their stakes considerably (or already accumulated large positions).

According to Insider Monkey’s hedge fund database, Andor Capital Management, managed by Daniel Benton, holds the number one position in Tesla Motors Inc (NASDAQ:TSLA). Andor Capital Management has a $240 million position in the stock, comprising 34.2% of its 13F portfolio. The second most bullish fund manager is Citadel Investment Group, managed by Ken Griffin, which holds a $189.1 million call position; the fund has 0.2% of its 13F portfolio invested in the stock. Some other members of the smart money with similar optimism encompass Mike Masters’s Masters Capital Management, and Guy Shahar’s DSAM Partners.