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Rivian And Lucid Earnings Reveal EV Startup Struggles

Original: What Rivian And Lucid's Latest Earnings Say About The EV Startup Race

Rivian and Lucid have both released their latest quarterly earnings, and the results are being read as a measure of how the two EV startups are holding up against intensifying competition. Analysts are weighing their production progress, cash burn and losses as electric vehicle demand slows and established automakers press harder. The reports are fueling debate over which challengers can survive the EV race.

Why now: Investors are scrutinizing EV startup finances amid slowing electric vehicle demand and rising competition.

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