◆ NeutralGMTSLASPCX

GM Just Announced a $20 Billion Buyback. Tesla Trades at 350 Times Earnings. Here's Which Auto Stock I'd Buy Today.

The Motley Fool·
GM Just Announced a $20 Billion Buyback. Tesla Trades at 350 Times Earnings. Here's Which Auto Stock I'd Buy Today.

General Motors announced a $20 billion share buyback and beat revenue expectations with $50 billion in Q3 revenue, while Tesla trades at a premium P/E ratio of 351 despite falling net income. The analyst recommends GM as the better buy today due to its consistent profitability, reasonable valuation, and share buyback program, while Tesla offers higher upside potential but carries significant execution risks and uncertainty around potential merger with SpaceX.

Read Full Article at The Motley Fool →
← Back to Financial Intelligence