In this article
RIVN
Follow your favorite stocks CREATE FREE ACCOUNT
DETROIT — Challenges are mounting for all-electric vehicle manufacturers Rivian Automotive and Lucid Group as the companies try to sell investors on a brighter, more profitable future to come.
But things could get worse before they get better as both automakers are set to report third-quarter results this week, starting with Rivian after the bell Tuesday, followed by Lucid on Wednesday.
Both "pure EV" companies are expected to report notable growths in revenue and narrowed adjusted earnings losses amid record third-quarter U.S. EV sales . But investors are also expecting the manufacturers to give updates on future growth opportunities as well as impacts from more challenging market conditions.

CNBC Business

Raw Story
New York Post
MPR News Politics