This post was originally published on this site
https://i-invdn-com.akamaized.net/news/LYNXNPEC340AO_M.jpg
Electrification, autonomous driving and shared mobility are the main trends that are expected to shape the automotive industry over the next decade. As the demand for cars increases—with people much more inclined now to commute and travel generally in personal vehicles for social distancing reasons—we expect established global car manufacturers TSLA and TM to witness greater demand for their vehicles.
While TM has returned 19.2% over the past year, TSLA has gained 322.9%. In terms of their past six-months’ performance, TSLA is a clear winner with 64.8% returns versus TM’s 16.1%. But which of these two stocks is a better pick now? Let’s find out.
