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Barchart
Barchart
Mohit Oberoi

Rivian, Lucid, and the Divergent Tale of 2 Startup EV Stocks

Rivian Lucid Tesla Inc. Peter Rawlinson Lucid Motors LCID PIF RIVN Lucid Group

This week, Rivian (RIVN) and Lucid Group (LCID) – both among the few credible, well-funded, and quality startup electric vehicle (EV) plays  – released their latest quarterly earnings. While LCID stock fell over 14% after the report, Rivian erased its early losses to end flat.

The earnings reports highlight the divergent paths these two companies – which otherwise have a lot in common – have been pursuing.

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