Rivian and Lucid Are Toast
24/7 Wall St.The discussion shifts to the EV market, highlighting significant sales increases for GM (NYSE: GM), Ford (NYSE: F), Hyundai-Kia, BMW, Mercedes, and Porsche in May. Ford, in particular, is gaining traction with the F-150 Lightning and Mustang Mach-E. Smaller players like Lucid (NASDAQ: LCID) and Rivian (NASDAQ: RIVN) are struggling, and their future seems bleak […]
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