Tesla Inc (TSLA)

[r clarke]

Tesla Motors (NASDAQ:TSLA) may be the easy auto pick for millennial investors, but General Motors (NYSE:GM) is the better investment long-term. Not only has GM generated more than twice as much net income over the past year ($13.9 billion) as Tesla generated in revenue ($5.9 billion) -- in some ways, it's ahead of the EV upstart on technology.

GM bought a 9% stake in ride sharing company Lyft in 2016 and recently bought Cruise Automation to advance its self-driving car technology as well. So GM is already ahead of Tesla in the ride sharing business, and is arguably on equal footing in self driving technology.

Where GM has really jumped ahead of competitors is with the Chevy Bolt. The all-electric EV with a 238 mile range and price tag under $30,000 (after the federal tax credit) beat Tesla's Model 3 to the road and will likely have about a year head start in deliveries.

It may be exciting to talk about Tesla as a future power in the auto industry, but GM is far more established and is executing on a strategic shift that will make the company relevant for decades to come. For long-term investors, that's where I would put my money today.



Travis Hoium