HomeBusinessFinance Sector Stock NewsTesla (TSLA) Reigns As Top E.V. Stock: Will BYD (BYDDY) Take The Lead?

Tesla (TSLA) Reigns As Top E.V. Stock: Will BYD (BYDDY) Take The Lead?

Tesla (TSLA) expects 2.6M deliveries in 2024, notes Steve Westly. He and Garrett Nelson recap E.V. stocks in 2023. Westly highlights that the big story is the BYD (BYDDY)/Tesla (TSLA) battle for the throne. They talk about Tesla’s status as the top E.V. stock in the U.S. Nelson estimates that Tesla revenue will rise 30% in 2024 with the primary driver being the ramp-up of factories in Texas and Germany. They discuss which E.V. stocks to watch headed into 2024. They then examine BYD Auto’s growth in China. They then go over the electrification of U.S. legacy automakers. Tune in to find out more about the stock market today.

Trading 360

02 Jan 2024

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