Rivian and Lucid are reporting Q3 earnings this week under pressure from higher costs and the loss of federal EV tax credits
Rivian and Lucid entered this week's third-quarter earnings with investors watching every dollar, every unit, and every forecast cut. Rivian reports after the bell today, and Lucid follows on Wednesday, and both companies expect higher revenue and smaller adjusted losses, helped by what analysts say was likely the peak of U.S. EV sales before federal [...]