Tesla
Tech genius Elon Musk is the first thing that comes to mind when you hear of Tesla. With his eyebrow-raising remarks and claims about the car manufacturer that he founded, the company has certainly attracted generous investors. New York-based hedge fund Coatue Management has bought almost 1.6 million shares in the third quarter of 2020.
The increase has Tesla making for 6.78 percent of Coatue’s holdings, trailing behind its largest, PayPal (6.79 percent). In February 2021, however, the stocks of the company known for its electric vehicles began to fall by 25 percent in just a week.
