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Zenger
Zenger
Technology
Shanthi Rexaline

Rivian And Lucid Battle For Second Place As Tesla Extends Lead

Lucid Rivian LCID RIVN Tesla Inc.
As electric vehicle market leader Tesla, Inc. pushes well ahead of the competition, the upstarts are left to fight it out for the distant second slot. GETTY IMAGES

As electric vehicle market leader Tesla, Inc. (NASDAQ:TSLA) pushes well ahead of the competition, the upstarts are left to fight it out for the distant second slot. Zenger News took a look at two of the U.S. EV startups namely, Rivian Automotive, Inc. (NASDAQ:RIVN) and Newark, California-based Lucid Group, Inc. (NASDAQ:LCID), that have shaken off the early commercialization jitters but are still grappling with production ramp-up.

Is there light at the end of the tunnel, or is the economic uncertainty adding to the gloominess? Here’s what the numbers tell.

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