Savvy Trades and Investments

[jtomm]

EVs - GM and TSLA

Two items of interest (for disclosure, I am not "for" or "against" electric vehicles, don't own an EV and not currently looking to buy one. Hold no positions in GM or TSLA, just watching the EV thing unfold. This is more about the cars than the stocks.)

1) US News and World Report came out with their "Best Cars For The Money" and the Chevy Bolt won two categories (typical of many positive reviews I've seen on the Bolt):

https://cars.usnews.com/cars-trucks/best-cars-for-the-money

2) Clark Howard is a longtime consumer reporter guy. Doesn't accept "free" products from companies, always goes out and buys stuff with his own money so he can remain totally objective (not to say he's always correct, just tries to remain unbiased in his opinion which could still be wrong). For his show, he always goes out and buys the latest technology in everything to give feedback to his large audience as to whether it's worth it or not. His large audience also gives him feedback on their current experiences with companies and products. He bought the first Nissan Leaf and talked about how horrible the battery issues were, basically the car was a lemon, etc. He's driven a Tesla for 10yrs and loves it! This is his current take on EVs and Teslas. This was recorded before the latest Tesla price cuts and it also sounds like Howard may be a little against Musk's politics. But I focus on the feedback he's getting from his audience on Tesla customer service. Who knows if it means much and, of course, your mileage may vary, I'm sure plenty of people have positive service experiences. It's just one guy's opinion: