Goldman picks Tesla and other electric vehicle stocks

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

VCG | Visual China Group | Getty Images

Wall Street financial institution Goldman Sachs has named its high electric vehicle (EV) stocks as demand for this new kind of auto booms.

Analysts led by Sharmini Chetwode listed automaker Tesla together with 5 other buy-rated stocks regarding EVs that they stated are more likely to capitalize on the development.

Investors are flocking to EV-related stocks and final week Goldman estimated a 12-fold development in battery demand in China alone over the following 15 years.

Here are Goldman’s high EV-related stocks:

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