Why Rivian, Lucid, and Tesla Stocks Dropped Friday
It's the afternoon of the week's final trading day -- and it looks like it's going to end on a down note for electric car stocks.
As of 1:25 p.m. ET, shares of industry pioneer Tesla (NASDAQ: TSLA) are edging down 2.6%, while upstart luxury electric car rival Lucid Group (NASDAQ: LCID) is suffering a much steeper fall, down 7.8%. Stuck in the middle is electric truck specialist Rivian Automotive (NASDAQ: RIVN) stock, suffering a 5% loss.
And yet, it looks like Rivian may be to blame for much of this mess.
Source Fool.com
