GM JUST ANNOUNCED A $20 BILLION BUYBACK . TESLA TRADES AT 350 TIMES EARNINGS . HERE WHICH AUTO STOCK ID BUY TODAY .

What happened: GM reported third-quarter results and approved a new $20 billion share buyback, while the article compares GM with Tesla as an investment choice. Key numbers: GM revenue $50 billion, up nearly 3% year over year. GM full-year adjusted automotive free cash flow guidance raised to $11.5 billion to $12.5 billion. Why it matters: Wall Street focused on potential inflation-driven cost increases and lingering EV losses at GM rather than the buyback. The author calls those fears largely overblown and would pick GM over Tesla, citing Tesla's premium valuation and execution risks.

GM reported third-quarter results and approved a new $20 billion share buyback, while the article compares GM with Tesla as an investment choice.

Wall Street focused on potential inflation-driven cost increases and lingering EV losses at GM rather than the buyback. The author calls those fears largely overblown and would pick GM over Tesla, citing Tesla's premium valuation and execution risks.