Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Lazarus who wrote (59793)	7/27/2018 1:00:17 PM
From: E_K_S	Read Replies (1) \| Respond to of 78705

The Big Short guy likes GM over Tesla Portfolio manager Steve Eisman of The Big Short fame says he's in the bear camp on Tesla (NASDAQ: TSLA) on concerns over Elon Musk's pace of execution. "He’s nowhere in autonomous driving, as far as I can tell, and big competition is coming in his space next year," Eisman tells Bloomberg. Eisman sees value in General Motors (NYSE: GM), predicting that the Cruise unit could end up being worth more than the whole company. While Eisman concedes GM has been an underperformer for his portfolio, he sees the potential for a home run. Shares of Tesla are down 2.20% in morning trading, hovering right under the $300 line. GM is up 1.59% on the day, but has still shed 5.3% since earnings were spilled. ------------------------------------------- I had same thought about GM. TSLA burning too much cash for my buy & hold strategy. EKS