Mirco Lysek recently looked at GM and Tesla’s stocks side by side in an attempt to determine which one is a better pick for investors. Using in-depth fundamental analyses, Lysek explains a few separate models for the auto stocks, detailing each company’s structure, stock performance in recent years, future potential valuation and overall risk factors., but for the sake of this article, we’ll focus primarily on a few takeaways for each company.
Lysek points out that GM’s over-dependence on internal combustion engine vehicles is currently limiting its growth, splitting the automaker’s focus between its ICE business and its EV business even in the face of increasing EV competition. Alternatively, Tesla can concentrate on what it already does, building an EV-only lineup, while competition slowly ramps up.Quant Rating system as having an A+ in profitability.
Still, Tesla’s grasp on the EV market and future growth factors may make it the better pick, according to Lysek.
I still contend that $TSLA is over-priced. The market cap is ridiculous when compared to the other manufacturers. I HOPE that GM's Ultium platform will be amazing, but so far they have fallen so short on all the promises. What EV can you buy today, Bolt, a few Lyriqs and a...
Ford frankly
One of them is an EV stock and one is a “legacy manufacturer of millions of climate-destroying internal-combustion engine vehicles with a few EVs on the side for political optics” stock. Can you guess which is which, FarOutsideEVs?
GM isn't an EV stock...
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