GM reported third-quarter revenue of $50 billion, up nearly 3% from a year earlier, approved a new $20 billion share buyback, and raised its full-year adjusted automotive free cash flow guidance to $11.5 billion–$12.5 billion. Wall Street focused on inflation-related cost increases and lingering electric-vehicle losses, which the author considers largely overblown. Tesla delivered 486,532 vehicles last quarter, beating analyst expectations but down more than 2% year on year, and trades at a trailing P/E of about 351 with a $1.5 trillion market cap. The author sees Tesla as a more complex business with higher risk and upside, but concludes GM is the better pick given its consistent profitability, buybacks and reasonable valuation.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: GM Just Announced a $20 Billion Buyback . Tesla Trades at 350 Times Earnings . Here Which Auto Stock Id Buy Today .
Read the original on fool.com ↗
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TSLAGMelectric vehiclesvaluation
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Related tickers and likely impact
TSLA
• NeutralTesla, Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.5T |
| Close on 10/23/2026 | 372.22 |
| Change that session | -0.63% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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