Better Buy Now: Lucid Up 20% or Rivian Down 20%?

·5 min read
Better Buy Now: Lucid Up 20% or Rivian Down 20%?

Electric-vehicle (EV) newcomers Lucid Group (NASDAQ: LCID) and Rivian Automotive (NASDAQ: RIVN) captured headlines in 2021 after both companies went public, began delivering vehicles, and set bold plans for 2022. Less than two weeks into the new year, Lucid's shares have already gained around 20%, while Rivian stock has fallen 20%. Daniel Foelber (Lucid Group): Lucid hasn't released any major announcements this year.

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