Larger auto makers shouldn't take Tesla Motors lightly.
After winning Motor Trend's "Car of the Year," Tesla Motors (TSLA -3.40%) has become a serious player in the car business. Even after electric vehicle whiffs from General Motors, Nissan, and Ford the company continues to line up customers as fast as it can make products.
What sets Tesla apart is higher performance and better range than the competition. Now that a charging infrastructure is becoming more common throughout the U.S. the future is bright for this auto underdog.
Fool contributor Travis Hoium has no position in any stocks mentioned. The Motley Fool recommends AeroVironment, Ford, General Motors, and Tesla Motors. The Motley Fool owns shares of Ford, General Electric Company, and Tesla Motors. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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