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The analyst also pointed out that positive news for the industry benefits both Tesla and traditional automakers like General Motors (GM). GM is currently rated as a "strong buy" and is considered the top pick within the auto sector. The industry-wide shift toward EVs is accelerating, driven by greater infrastructure development, especially faster charging solutions. Notably, Tesla’s partnerships with Ford and GM are seen as pivotal in advancing the industry’s transition, as they promote the proliferation of chargers and infrastructure.