These American Politicians Are Buying Tesla (TSLA)

We recently published 10 Best AI Stocks to Buy According to American Politicians. Tesla Inc (NASDAQ:TSLA) is one of the best AI stocks to buy.

According to disclosures made on Oct. 22, Congresswoman Lisa C. McClain’s spouse bought Tesla Inc (NASDAQ:TSLA) shares worth between $1,001 – $15,000 on Sept. 11. The stock has gained about 20% since then. Congresswoman Marjorie Taylor Greene also bought Tesla Inc (NASDAQ:TSLA) shares worth between $1,001 – $15,000 on Oct. 15.

While Elon Musk received shareholder approval for his hefty pay package, analysts believe he would have a hard time turning around things at the company amid rising competition from other EV makers. Tesla’s latest announcement of cheap models shows the company is losing pricing power amid intense competition. Cheaper models are also expected to negatively impact its auto margins.

Rowan Street Capital stated the following regarding Tesla, Inc. (NASDAQ:TSLA) in its third quarter 2025 investor letter:

“Tesla, Inc. (NASDAQ:TSLA) is our newest idea, which we’ll discuss in detail later in the letter. Since initiating the position earlier this year, it has appreciated roughly 76%. While we’ve only owned it for seven months and it’s too early to determine what kind of IRR it w ultimately deliver, Tesla embodies exactly the type of founder-led, competitively advantaged business we aim to own for many years.

In 2025, we made just one new investment — Tesla — during a period of widespread pessimism. Back in March and April, sentiment around the company and its CEO was near rock bottom. Headlines were dominated by controversy, and investors were fleeing what they perceived as chaos. We saw an opportunity…” (Click here to read the full text)

While we acknowledge the potential of TSLA as an investment, 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 extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.