Post by Wealthfront

EVs are widely seen as the future of auto transportation, but sales in the US have fallen off, the world’s leading EV maker is in a domestic price war, and the European and Asian consumers who buy most EVs are threatened by Iran fallout. We took a look at how the most popular companies in the market have been doing. Here’s what to know about the biggest EV manufacturers: ✴︎ BYD: Intra-China price wars between brands had investors concerned, but BYD’s overseas sales jumped 65% in March amid the ongoing Iran oil shock. (Source: Bloomberg) ✴︎ Geely: The surge comes from the company’s plausible ambitions to become one of the world’s top five automakers by 2030. (Source: Reuters) ✴︎ Tesla: Tesla’s polarizing CEO has turned off some potential buyers, though he’s managed to continue attracting some investors with plans to pivot the company to humanoid AI robots. (Source: USA Today, Forbes) ✴︎GM: The company’s decision to wind down most EV production and instead focus on something more familiar to its legacy—big gas-powered trucks—has gone over well with investors. (Source: WSJ) ✴︎Rivian:  Rivian cut about 600 jobs in late 2025, but a profitable fourth quarter and the upcoming launch of its R2 model seem to be helping. (Source: Bloomberg) Get this full story and unpack other trending economic stories in our biweekly newsletter, Vested Interest: https://lnkd.in/gFrNq2zt – Nothing in this communication should be construed as investment or tax advice. Links to other sites are provided for convenience only. Wealthfront Advisers or its affiliates don't endorse, sponsor, promote, or are affiliated with these sites, their owners, or their content, unless expressly stated. Investing involves risk, including loss of principal. Past performance is not a guarantee of future results. Investment management and advisory services are provided by Wealthfront Advisers LLC, an SEC-registered investment adviser. © 2026 Wealthfront Corporation.