Published On May 8, 2024
For Lucid (LCID) and Rivian (RIVN) it’s a race between releasing a widely embraced, lower priced vehicle, notes Dave Nicholson. He breaks down this week’s E.V. earnings. He talks about how Lucid ended the quarter with approximates $5.03B of total liquidity. He talks about how Rivian plans to increase its annual production capacity to 215K vehicles. He then goes over headwinds facing the E.V. market. Tune in to find out more about the stock market today.
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