Goldman Sachs EV and Battery Stocks: Top 10 Stock Picks

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1. Tesla, Inc. (NASDAQ:TSLA

Goldman Sachs’ Stake Value: $12,328.17 million

Number of Hedge Fund Holders: 120

Tesla, Inc. (NASDAQ:TSLA) is among the Goldman Sachs EV and Battery Stocks.

On February 12, 2026, Tigress Financial began coverage of Tesla, Inc. (NASDAQ:TSLA), giving it a Buy rating and a $550 price target. It anticipates the company’s long-term growth and value creation to increase as it transitions from a pure-play EV maker to a multi-layered physical AI platform. Tigress noted growing Full Self Drive subscriptions, robotaxis, and Optimus humanoid robots as key drivers of a physical AI growth flywheel built on an existing big and successful EV and energy platform.

On the same day, the China Passenger Car Association reported that Tesla, Inc. (NASDAQ:TSLA)’s domestic China sales dropped 45% year-on-year in January to 18,485 units. Electrek stated that this was the corporation’s lowest monthly retail total in China since November 2022. The data show considerable demand deterioration in the world’s largest EV market.

Separately, on January 21, 2026, Lemonade launched Lemonade Autonomous Car Insurance for self-driving automobiles in collaboration with Tesla, Inc. (NASDAQ:TSLA) Full Self-Driving. The new product reduces per-mile rates by about 50% when FSD is activated. The deployment began on January 26 in Arizona and expanded to Oregon in February.

Tesla, Inc. (NASDAQ:TSLA) is a vertically integrated battery electric vehicle manufacturer and developer of real-world artificial intelligence software, such as self-driving cars and humanoid robots.

While we acknowledge the potential of TSLA to grow, 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 AI stock that is more promising than TSLA and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. Goldman Sachs EV and Battery Stocks: Top 10 Stock Picks is originally published on Insider Monkey. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

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