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Trader: “Tesla is Apple, pre-iPhone”

Talking Numbers

Will Tesla leave GM in the dust?

Shares of Tesla have far outpaced General Motors this year; it's up nearly 400%.

But, GM now wants to go after Tesla's market, saying it is working on a $30,000 electric car, less than half of Tesla's lowest-priced model.

Taking a further look at the two companies today on CNBC's Closing Bell's Talking Numbers segments are CNBC contributors Gina Sanchez, founder of Chantico Global, and Richard Ross, Global Technical Strategist at Auerbach Grayson. While Ross earlier looked at the charts on GM, he now takes on Tesla's.

Watch the video above to see what Sanchez and Ross have to say about both Tesla and GM.

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