EV firms Rivian and Lucid face record-low stock prices after Ford slashes prices on electric pickup truck

EV firms Rivian and Lucid face record-low stock prices after Ford slashes prices on electric pickup truck

Amid an EV price war, Rivian dropped as much as 8.7% to $9.38, slipping below the psychologically key $10 level for the first time since it went public in November 2021.

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