General Motors Co. (NYSE: GM) and Mobileye Global Inc. (NASDAQ: MBLY) both reported earnings recently, and between them, they said as much, if not more, about where the car industry is actually heading than any amount of noise around Tesla Inc. (NASDAQ: TSLA) after its own report.
The two sit at opposite ends of the same industry. GM, a $73 billion auto-giant, tells you what consumers are buying, what they're willing to pay, and whether the shift to electric is making or losing money. Mobileye, an $8 billion auto-technology company, tells you what automakers are spending on the driver-assistance and autonomy systems meant to define the next decade.
