Billionaire George Soros hugs Ford

The automotive sector is of particular interest to George Soros.

The legendary investor has invested a lot of money in this industry, which is in full transformation to electric vehicles.

Soros is indeed convinced that electric vehicles are the future of the automobile, if we are to look at his investment portfolio of companies listed on the US markets.

This obviously includes Tesla (TSLA) – Get a free report, the automaker that is considered the benchmark when it comes to electric vehicles. Elon Musk’s group dominates its weak rivals in sales as well as production and market capitalization. But its lead has been somewhat eroded by rivals offering more and more electric models.

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