Rivian Vs. Lucid: Which EV Stock Has The Edge Ahead Of Q3 Earnings?
Lucid (LCID) Benzinga·2024-11-08 00:21
The electric vehicle (EV) race is heating up — but not for Rivian Automotive Inc RIVN or Lucid Group Inc LCID. Both EV companies are struggling, with their stocks down nearly 50% year-to-date.As they prepare to release their third-quarter earnings today, investors are bracing for news on their continued losses, with Rivian expecting a loss of 92 cents per share and Lucid a loss of 30 cents.But there’s more than just the numbers to focus on. Pre-earnings technicals paint a troubling picture for both companie ...