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Rivian, Lucid tumble as analysts grow wary of lackluster growth, new product timelines
Shares of Rivian and Lucid hit new all-time lows on Thursday after reporting quarterly results that disappointed the Street and raised concerns that the pure-play EV makers are not evolving quickly enough, particularly with EV demand slipping.
Dan levy
Ben kallo
Stephen gengaro
Carlos tavares
Lucid air
Lucid motors
Electric vehicles
Michaelm santiago
Rivian electric trucks
Vehicle production
Rivian s $6 4 billion cash burn might be a tech record
The electric-truck maker had a very expensive 2022 and 2023 isn’t likely to be much better.
Electric truck maker
Rivian electric trucks
Claire mcdonough
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