Reported 3 days ago
RBC Capital Markets analyst Tom Narayan discusses the contrasting performance of electric automakers Tesla and Rivian, noting Rivian's surge in shares due to strong Q4 EV delivery figures, while Tesla experienced a decline in annual sales for the first time in over a decade. He emphasizes that both companies' performances might be overanalyzed, highlighting that Tesla's delivery results, although below expectations, were still solid amidst ongoing discussions about its full self-driving capabilities.
Source: YAHOO