Goldman Sachs Growth Stocks: Top 5 Stocks

2. Tesla, Inc. (NASDAQ:TSLA)

P/E Ratio: 75.19

Tesla, Inc. (NASDAQ:TSLA) is one of the largest electric vehicle manufacturers in the world. These days it is busy building its driving assistance platform by using 10,000 NVIDIA GPUs for a cost of $300 million. At the same time, Tesla, Inc. (NASDAQ:TSLA) is also being investigated by the SEC for a glass house related to its chief Mr. Elon Musk.

During this year’s June quarter, 79 out of the 910 hedge funds surveyed by Insider Monkey invested in the company. Tesla, Inc. (NASDAQ:TSLA)’s biggest hedge fund shareholder is Catherine D. Wood’s ARK Investment Management since it owns 4.8 million shares that are worth $1.2 billion.

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