Reported 2 days ago
Electric vehicle stocks have faced challenges, with Lucid Group and Rivian Automotive experiencing significant declines in share price. Despite Lucid's impressive vehicle accolades, its high net losses and limited production raise concerns. Rivian, although also struggling with production issues, is taking cost-cutting measures and plans to introduce more affordable models. Ultimately, Rivian appears to be the better investment option due to its strategic management and plans for growth.
Source: YAHOO