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Tesla's FSD Beta is under scrutiny by the media despite few notable incidents. Meanwhile, every day people die in car crashes that are caused by human error.
Cramer Recommends Ford, General Motors as Preferable Stocks Compared to Other EV Companies
Mar 16 2021 · 15:13 UTC | Updated
Mar 17 2021 · 09:27 by Ibukun Ogundare · 3 min read
Photo: Depositphotos
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Both General Motors and Ford have launched their electric vehicles, and Cramer believes that they stand as rivals for existing EVs. GM plans to have 30 EV models on the road by 2025.
American television personality and CNBC’s Mad Money Jim Cramer recommended holding Ford Motor Company (NYSE: F) and General Motors (NYSE: GM) stocks over the likes of Tesla Inc (NASDAQ: TSLA) and other electric vehicle (EV) companies.
Cramer noted his recommendation on owning stocks in Ford and General Motors while speaking on his Mad Money show on the 15th of March. He referred to Ford and General Motors as less risky stocks to buy considering the current market status. At the moment, prominent names in the automotive industry are correctin