Home / Business / Goldman picks up Tesla shares and other electric cars.

Goldman picks up Tesla shares and other electric cars.



Tesla’s Model Y compact crossover at a showroom in Shanghai, China on January 18, 2021.

VCG | Visual China Group | Getty Images

Goldman Sachs, a Wall Street bank, has been named the top electric vehicle (EV) stock in line with the needs of this new category.

Analysts, led by Tesla-listed carmaker Sharmini Chetwode, along with five other EV-related stocks, they said were likely to take advantage of the trend.

Investors flock to EV-related stocks, and last week Goldman estimated only 1

2-fold growth in demand for batteries in China over the next 15 years.

Here are Goldman’s top EV-related stocks:


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