For investors who are looking for environmentally friendly automaker options, they may be surprised that Detroit isn’t as old-school as one might think. General Motors Company (NYSE:GM) has a surprising number of sustainability initiatives, and many are admirable and impressive. One extremely impressive achievement: of 125 General Motors Company (NYSE:GM) factories, 105 send no waste to landfills. Meanwhile, some investors consider GM a buy at these levels, and most probably aren’t even factoring environmental responsibility into the equation. That may be a far smarter investment than what is now a momentum play that certainly might squeal to a halt.
Tesla’s stock surge is certainly breathtaking in the short term, but I wouldn’t buy at these levels. (I’m not the only Fool who feels that way, either.) If I had bought the shares at their lows, I might even consider selling now, although my core investing focus is long-term; if investors don’t think they’ll have the stomach for the very long road trip Tesla faces, they may want to get off this speeding ride now.
There’s still a lot that’s unproven about Tesla and its financial future, and the stock’s swift ascent means investors could slam on the breaks very quickly, too. For those of us who didn’t buy in early, that moment’s exactly what we’re waiting for.
The article Tesla: Gone in 20 Seconds originally appeared on Fool.com.
Alyce Lomax has no position in any stocks mentioned. The Motley Fool recommends Amazon.com, General Motors, and Tesla Motors. The Motley Fool owns shares of Amazon.com and Tesla Motors.
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