| Of course, both GM and TSLA could be wrong. For TSLA to hit its targeted sales figure, the company’s automotive sales would need to almost triple its 2020 tally. To be fair, TSLA is on track to hit its 2021 revenue goal of $38 billion. But does that mean the exponential growth will continue? And if it does, will such growth warrant sky-high TSLA share prices? Meanwhile, in terms of electric car sales, it could be argued that GM is indeed poised for unprecedented levels of growth (at least for GM). And though it’s likely going to be a tough transition to electric, GM shares still remain subdued relative to TSLA, as well as many other growth-focused stocks. “GM has built a scalable platform and is a leader in both autonomous vehicles and batteries,” said Stelliam Capital Management’s Ross Margolies. A good example of this is the company’s recent gamble on Cruise, an autonomous driving firm that’s hoping to create “robot-taxis” within the next few years. GM’s stake in the company is worth an estimated $17 billion and by 2030, GM believes it will be generating roughly $50 billion in revenue. In light of this, analysts have increasingly become “GM bulls.” JP Morgan strategist Ryan Brinkman went so far as to say that investors who buy now are essentially getting exposure to GM’s new ventures for free. (...continued below...) | 
Stocks traded flat again this morning as the market threatened to hit new all-time highs once more. Traders had little to go on over the last few days due to lower-than-normal trading volume. A lack of significant economic data seemed to keep a lid on equities as well.
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