The Financial Post reports in its Wednesday edition that the Detroit Three are back, at least in the eyes of investors. A Bloomberg dispatch to the Post says that as the much-ballyhooed electric-vehicle revolution loses momentum, investors are reappraising the shares of legacy producers, with gasoline-powered cars and hybrids set to generate billions of dollars in cash for years to come and account for the vast majority of sales. Shares of the legacy firms, shunned in recent years as the industry's past, are rising as EV stocks have tumbled, and Wall Street is jumping on board. Last week, a spate of analysts named General Motors, Ford and Stellantis as the industry's likely winners with demand for EVs faltering. The logic is that the steady profits from selling vehicles packing an internal combustion engine will provide a cushion that pure-play EV companies such as Tesla, Rivian and Lucid lack. "The old-school carmakers offer a significant valuation discount to EV stocks, so for investors looking at the EV winter, it is a way to gain access to autos with a greater margin of safety," said Dave Mazza, chief strategy officer at Roundhill Financial. "While the world may be all EV sooner than later, sooner isn't tomorrow."