[The Kingslayers] EV Stocks That Can Snatch Tesla's Crown

Also, learn how JPM's acquisition of First Republic could shake up the banking industry. Picks from the Editor SPONSORED (Newsletter Continues Below) One Price Pattern has Dominated Every Market Phase   Would you believe that a single price pattern that anyone can find on a chart has maintained an 80% historical win rate through every type of market condition? Learn how to spot this pattern in a free trading workshop.  [ It Could Change Your Financial Future!]( By clicking the link above you agree to periodic updates from WealthPress and its partners ([privacy policy]( The Top Contenders for Tesla’s Crown in 2023  Hi Traders,  Once upon a time, Tesla (TSLA) was the "golden goose" in the electric vehicle (EV) industry. But like all good things, that time has passed, and now we're on the hunt for EV stocks that could snatch Tesla's crown in the EV race. The stock has plummeted by 45% over the past year, leaving shareholders searching for someone to blame. While CEO Elon Musk has been the target of their frustration, the truth is, Tesla's stock crash isn't entirely his fault. Sure, Musk's shenanigans on Twitter haven't done the company any favors, but the crash began well before he took over the social media platform. The real reason behind Tesla's demise? Market share erosion. Tesla was the first significant pure EV maker, commanding about 10% of the global EV market in the early 2010s. By the middle of the decade, their market share nearly doubled to over 18%, thanks to the success of their affordable Model 3 EV. However, since then, Tesla hasn't had a major hit, and new EV competition has entered the fray. Tesla's market share took a nosedive in 2021 and 2022, dropping to just 13.7% as of June 2022. While this spells bad news for Tesla, it's good news for other EV manufacturers looking to steal the spotlight.  If Tesla is losing market share, that means someone else is gaining it, and they're doing so in a rapidly growing industry. So, who's winning the EV race right now? Here are three potential "Tesla killers" that could dethrone the EV giant: LCID: Tesla 2.0 Lucid (LCID) is essentially Tesla, but better. The company has managed to outdo Tesla in talent, technology, and brand. Tesla has lost a significant amount of talent over the years, with many of these former employees now working at Lucid. Lucid's CEO, Peter Rawlinson, was the former chief engineer of the Tesla Model S, and he's surrounded by a team of experts from Tesla, Audi, Apple, Samsung, Ford, Intel, and GM. This impressive roster of talent is developing technology that surpasses Tesla's on every level. Not only that, but Lucid is maintaining its premium brand equity, unlike Tesla, which has diluted its brand by selling affordable models like the Model 3. Lucid's relationship with Saudi Arabia also provides a significant advantage, with the country planning to buy between 50,000 and 100,000 Lucid vehicles over the next decade. Overall, Lucid has the potential to be the better version of Tesla, making it a top contender in the EV market. RIVN: Bigger and Better Rivian (RIVN) is another company looking to topple Tesla, but they're doing so by focusing on larger vehicles like electric SUVs and pickup trucks. With a strong brand, impressive technology, and a fantastic first product, Rivian is poised to dominate the eSUV and electric pickup truck market. Additionally, the company has secured a partnership with Amazon, which plans to buy at least 100,000 electric delivery vehicles from Rivian. This partnership, coupled with a whopping $14 billion cash balance, positions Rivian to build an electric vehicle empire by 2025. FSR: Budget-friendly Tesla Fisker (FSR) is taking a different approach to beating Tesla by offering more affordable EV options. Fisker's Ocean SUV, launched in November, starts at just $37,500 – an unheard-of price for an eSUV. With over 62,000 orders already in place, Fisker is on track to hit its We believe the EV landscape will continue to diversify and expand, giving investors plenty of options to choose from, just like a kid in a candy store (except these candies are way more environmentally friendly). As a result, Tesla's reign at the top of the EV market will be challenged by these new kids on the block, as well as some under-the-radar players that are yet to make a significant splash. One such under-the-radar company to keep an eye on is Aptera Motors. They're focused on creating ultra-efficient solar electric vehicles, and with their futuristic design, they look like something straight out of a sci-fi movie. If they can deliver on their promise of incredible efficiency and seamless solar charging, they could very well become a major disruptor in the EV space. Just imagine never having to stop at a charging station again – now that's a game-changer! And let's not forget the legacy automakers! Companies like General Motors (GM) and Ford (F) are revving up their engines and investing heavily in electric vehicle development. They have decades of experience, well-established manufacturing infrastructure, and deep pockets to finance their EV ventures. While they may have been late to the electric party, they're making up for lost time with aggressive expansion plans and promising new models like the Ford Mustang Mach-E and GM's GMC Hummer EV. These industry titans could leverage their resources and vast dealership networks to put up a fierce fight against Tesla and other EV newcomers. The electric vehicle industry is growing at breakneck speed, and there's plenty of room for multiple winners. Tesla may have been the "golden goose" of the EV world once, but new contenders like Lucid, Rivian, Fisker, and a slew of other players, both big and small, are ready to challenge the throne. Investors should keep a close eye on these rising stars, as they could deliver some electrifying returns in the years to come.  Cheers, and may the odds be ever in your favor!  John @ Traders on Trend  (In the next article: What does the JPM acquisition of First Republic means for the sector? Find out below! 👇) Sponsored [The Electricity Revolution Is Here — Don't Be Left Behind!]( A largely unknown energy resource is about to be unlocked on a global scale, thanks to a tiny Silicon Valley firm. With the help of AI, this company has discovered how to exploit an incredible trillion-dollar source of power that could make all other forms — from gas and coal through oil, to wind, hydropower and solar fusion — look small in comparison! Just one year's worth alone would generate 5X as much fuel than Earth’s largest existing oil field — making its potential hard to ignore. [Watch the full presentation here.]( [Privacy Policy/Disclosures]( Check the Free Presentation Today ☝ SPONSORED First Republic Acquisition Could Reshape the US Banking Landscape So, Logan Roy from "Succession" once said, "Life isn’t knights on horseback... It’s a number on a piece of paper. It’s a fight for a knife in the mud." Yep, that's finance for you, always about striking deals, sort of like trading Pokémon cards, but with more zeros involved. You know, like when you swap cash for company shares, or make a loan, or dive into private-equity investing or property buying. Sometimes you win, sometimes you lose, but hey, that's life, right? A healthy financial system is like a bustling marketplace full of deal-making. But when fear and uncertainty creep in, things slow down, and it's like a party where no one wants to dance. The fact that a bank was willing to buy the troubled First Republic recently is a good sign, considering how the global financial crisis of 2007-09 turned dealmaking into a ghost town. When I asked a bank boss why he didn't bid for Silicon Valley Bank (SVB), he joked, "Other than the $20bn hole in its balance-sheet?" Yikes, that's one expensive pothole to fill! Anyway, JPMorgan Chase stepped in to save First Republic with a three-part deal that included some cash, a promise to pay more, and a credit guarantee for loans.  (article continues below) Sponsored [Your Chance to Get a Piece of the Crypto Pie]( Cryptos could be staging a comeback in 2023. This could be your chance to take part in a historic rally.[See the best coin to buy right now.]( [Privacy Policy/Disclosures]( SPONSORED  🔼 Pay attention, this is worth your time! ☝  (article continues)  It's a bit like a financial superhero swooping in to save the day (but with more paperwork). Now, you might be wondering why the credit guarantee and loan were part of the deal when First Republic's problems were more about offering cheap 30-year mortgages to wealthy folks (including Mark Zuckerberg, apparently). Well, it turns out these guarantees actually help JPMorgan meet regulatory requirements. Who knew finance could be so strategic? And even though JPMorgan has enough cash stashed away, they still took on additional funding to help acquire First Republic's assets. Why, you ask? Well, banks need to maintain liquidity-coverage ratios, which is just a fancy way of saying they need enough cash (or cash-like assets) to handle a financial storm. JPMorgan's CFO, Jeremy Barnum, explained that the loan helps the bank manage both assets and liquidity consumption. So, it's kind of like a well-planned dinner party where you make sure there's enough food for everyone, but you don't go overboard. The deal was sweet enough for JPMorgan to bite without hurting itself or needing to raise new equity. It's like finding the perfect piece of cake that doesn't ruin your diet. And while the shareholders and bondholders of First Republic might not be thrilled, they did invest in an insolvent institution, so it's not entirely surprising. As the saying goes, "You win some, you lose some." The fear now is that other smaller regional banks might face the same fate, causing their share and bond prices to drop like a clumsy waiter dropping a tray of drinks. If that spooks depositors, we might need more deals to keep the party going.  Disclaimer:  The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.  Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.  Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio.  Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. 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