Tesla stock is vulnerable to a significant correction due to its lofty valuation.

Gordon Johnson predicts Tesla's stock could fall to $25 a share, citing its sky-high valuation, slowing sales, and changes in options trading.

Stock Market Today: The Dow Jones index rises Thursday as Treasury yields fall. Nvidia stock rallies on its Hugging Face deal.

Dimon, on the other hand, runs the U.S.'s largest bank, JPMorgan Chase ( JPM -0.45%), and is lauded for his years of experience and wisdom. He successfully steered JPMorgan through the Great Recession and the COVID-19 pandemic and continues to deliver solid returns for investors.

Tesla just posted record deliveries while its margins cratered, and BYD keeps selling millions of cars to a stock market that barely notices. Only one of these EV giants is actually set up for a bigger move from here.

News services overnight reported declining Tesla sales and market value in China, though also an increase in shipments from China to other markets.

Investment narratives matter, and Tesla could be about to overperform expectations on its robotaxi rollout.

Tesla is surging ahead of its Cybercab event in Austin while rivals Lucid and Rivian trail behind, but whether the autonomous vehicle showcase delivers the commercial proof traders are pricing in could determine if this rally has legs or sets up a painful reversal.

The stock market jumped above key levels Thursday, buoyed by Snowflake and dovish Fed comments. Tesla Cybercabs are now live in Austin robotaxi app. The jobs report is on tap.