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Rivian Sees Results Hurt by Scrapped EV Tax Credit; Lucid Cuts Production Forecast
Rivian Automotive expects the elimination of the federal tax credit for electric vehicle purchases to dent its full-year results, though it logged higher revenue in the second quarter. Fellow electric ... Read More
Lucid cuts annual production forecast as global trade tensions sting
Aug 5 (Reuters) - Lucid (LCID.O), opens new tab lowered its annual production forecast and missed Wall Street estimates for quarterly revenue on Tuesday, at a time when U.S. trade tensions have cast a ... Read More
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