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Benzinga
Benzinga
World
Shanthi Rexaline

Tesla Dominance Put To The Test: How EV Upstarts Lucid, Rivian, Fisker Stack Up In Q2 Results

Lucid Fisker Rivian Nasdaq Elon Musk Fisker Inc LCID Lucid Group, Inc. NYSE Gene Munster

Electric vehicle start-up Lucid Group Inc. (NASDAQ:LCID), and Fisker Inc. (NYSE:FSR) announced quarterly earnings on Wednesday, drawing comparisons to industry leader Tesla Inc. (NASDAQ:TSLA). Ahead of that, Rivian Automotive Inc. (NASDAQ:RIVN) issued its second-quarter production and deliveries update.

“Tesla is the next Tesla,” Sawyer Merritt, a Tesla influencer tweeted following the results. This apparently is a dig at some people according the moniker “the next Tesla,” to the startups.

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