One of the biggest questions facing automotive industry investors is whether legacy would matter to consumers when the transition to electric vehicles (EVs) took place. For instance, Ford Motor and General Motors have long dominated the full-size gasoline-powered truck segment -- and made handsome profits from it. But would that history of dominance translate to electric trucks?

If recent global EV sales are any indication, the game might be about to change and that's good news for young EV makers such as Rivian Automotive (NASDAQ: RIVN), Lucid Group, and Fisker.

During the fourth quarter of 2023, Tesla delivered 484,507 vehicles. That result was slightly ahead of analysts' estimates but behind emerging Chinese EV juggernaut , which delivered 526,409 fully electric vehicles.

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Source Fool.com