Rivian faced a significant drop in valuation to $9 billion after reporting losses of $6.8 billion in 2022 and $5.4 billion in 2023. BYD's chairman proposed doubling share buyback to boost stock price amid an EV price war. Li Auto's positive signals and strong financial results led to a surge in stock price, with Q4 revenue beating estimates and a significant rise in net profit. Li Auto forecasts softer sales despite beating analyst estimates with deep discounting in the Chinese EV market.