Likewise, General Motors Company (NYSE:GM) offers impressive value against high-flying Tesla Motors Inc (NASDAQ:TSLA) shares. The company recently updated its truck lines, which are flying off the lots as construction firms invest in their fleets ahead of a multi-year run in American housing. Full-size pickups sold at a 27% higher rate in April than the year ago period.
The electric car is cool. It’s interesting, and it’s different. But when it comes to making money, Ford and General Motors, which trade at single digit earnings multiples, are a far more convincing value than Tesla, which trades at more than 200 times earnings when one annualizes first quarter earnings of $.12 per share.
The article Why Not to Fall for This Story Stock originally appeared on Fool.com and is written by Jordan Wathen.
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