Investors would bet on Tesla instead of GM and Toyota to lead the auto industry’s technology transition to electric and autonomous vehicles.
As of earlier today, Tesla’s stock price was up almost 80% year-to-date, while Ford and GM are down over 45% and 40%, respectively.
Toyota, the world’s most valuable automaker, is down 15% year-to-date.
Investors and analysts are trying to understand what is happening, and many of them think Tesla will come out of the current crisis stronger than any other automaker.
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