From Nasdaq: 2024-12-13 04:00:00

1. Billionaire-led hedge funds sold Apple and bought Tesla during the third quarter. Israel Englander, Louis Bacon, and Dan Loeb made significant trades, reducing Apple positions and increasing Tesla investments. Forms 13F detail these moves, with Apple facing challenges such as legislative pressures and reliance on Alphabet revenue.
2. Apple’s brand authority and pricing power are strong, but challenges like regulatory pressures and reliance on Alphabet revenue pose risks. Analysts predict modest earnings growth, making the stock overvalued. Tesla leads in electric vehicles and plans to disrupt multiple industries, with potential in autonomous driving and humanoid robotics.
3. Tesla has opportunities in autonomous driving and robotics, with potential to scale a ride-hailing business. Analysts believe in Tesla’s future and consider the stock undervalued. A "Double Down" stock recommendation is issued for three companies, including Nvidia, Apple, and Netflix, highlighting past investment returns.

Read more at Nasdaq: Apple Stock vs. Tesla Stock: Billionaires Are Buying One and Selling the Other Ahead of 2025