General Motors (GM) has the potential to be a valuable AI stock, according to Morgan Stanley analyst Adam Jonas. Despite investing billions in its self-driving technology, GM shares are currently valued as a value stock rather than a growth stock. GM operates Cruise, which works on a fleet of robotaxis in San Francisco, with plans to expand this service. The auto maker is also developing advanced driver assistance programs called Ultra Cruise and Super Cruise. Jonas suggests that allowing Cruise to scale city by city could help to change investor perceptions as its revenue starts to become significant.
GM Should Join Nvidia and Tesla as an AI Stock
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