Edition for Jan. 2. Chinese automaker <a href="https://www.wsj.com/business/autos/tesla-sales-drop-for-second-year-in-a-row-958dec20?mod=hp_lead_pos1">BYD takes the EV crown</a> after Tesla’s sales slide. Plus, President Trump <a href="https://www.wsj.com/world/middle-east/trump-warns-iran-against-shooting-protesters-efd580ea?mod=WSJ_WNPOD">threatens to intervene</a> as protests in Iran turn violent. And the WSJ’s <a href="https://www.wsj.com/news/author/james-fanelli?mod=WSJ_WNPOD">James Fanelli</a> surveys <a href="https://www.wsj.com/us-news/zohran-mamdani-nyc-major-challenges-3c32befb?mod=author_content_page_1_pos_1?mod=WSJ_WNPOD">the challenges facing New York City Mayor Zohran Mamdani</a> as his promises of change meet reality. Luke Vargas hosts.

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