The recalls currently upending automakers are not affecting car-seat technology provider Gentherm, says the company's CEO Dan Coker. Gentherm's stock is up nearly 30% this year, even as shares of GM and Toyota are down double digits. Coker expects to eventually supply Tesla to generate additional business, as well as expand further into non-auto markets like bedding where the margins for his products are substantially higher.

Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.

More from Video

Alphabet, Coca-Cola, Caterpillar Reveal Earnings Season Will Be Awesome

Alphabet, Coca-Cola, Caterpillar Reveal Earnings Season Will Be Awesome

How Did Caterpillar Get Its Name?

How Did Caterpillar Get Its Name?

Alphabet's Earnings Beat and 4 Other Business Stories You Must Know Tuesday

Alphabet's Earnings Beat and 4 Other Business Stories You Must Know Tuesday

Wait, Google Was Almost Called What?

Wait, Google Was Almost Called What?

Video: Jim Cramer on Trade Tariffs, Rising Rates, Kimberly Clark and Hasbro

Video: Jim Cramer on Trade Tariffs, Rising Rates, Kimberly Clark and Hasbro