Tesla vs. General Motors Stock Performance in 2024: Surprising 58.6% Discrepancy Uncovered
Wednesday, 3 April 2024, 10:30
Shocking Stat: Tesla Is Underperforming GM by 58.6% in 2024
Tesla may be more valuable, but GM has been the better-performing stock by a mile in 2024.
Tesla (NASDAQ: TSLA) is down in 2024, but not all auto stocks are feeling the same pain. General Motors (NYSE: GM) is supposed to be the one struggling, but it's outperforming Tesla by 58.6% in 2024 alone.
Why Tesla Is Down
Stock prices used were end-of-day prices of April 1, 2024. The video was published on April 2, 2024.
Key Takeaway
- GM has been a surprise leader in stock performance in 2024 over Tesla.
- Factors behind Tesla's decline in 2024 compared to GM.
- Insights on which auto stocks are thriving amidst Tesla's struggles.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.