BYD Will Dethrone Tesla (TSLA) In 1Q 2024

Rivian (RIVN) is the new kid on the block, but they understand E.V. better than Ford (F), General Motors (GM), and Toyota, notes Steve Westly. He discusses the state of the E.V. market. He looks at the takeaways from Rivian’s (RIVN) earnings, as well as what’s next for Tesla (TSLA). He questions if BYD is going to pass TSLA as the world’s largest E.V. maker. He talks about how at its current rate, Lucid (LCID) only has two quarters before lights out. He highlights that BYD will dethrone TSLA in 1Q 2024, and the $25K E.V. is the holy grail for TSLA. He then goes over how A.I. comes into play for E.V. makers. Tune in to find out more about the stock market today.