Even before the announcement of its partnership with Microsoft Corp.
MSFT
to develop autonomous cars, shares of General Motors Co.
GM
had been soaring. Under the leadership of CEO Mary Barra, GM aims to compete in the new world of electric vehicles, with plans to have 30 fully electric models available by 2025. GM’s stock is up 34% so far in 2021, while shares of Tesla Inc.
TSLA
are up “only” 21%, following their incredible 743% run in 2020.
Jeff Reeves gives five reasons GM’s stock may be able to go toe-to-toe with Tesla’s shares during 2021. Read on: Tesla is not a safe stock …
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