2 EV Stocks Dinged by Dismal Delivery Numbers

Electric vehicle companies, just like any other automaker, live and die on vehicle delivery numbers. Today is no different, with Rivian Automotive Inc (NASDAQ:RIVN) and Tesla Inc (NASDAQ:TSLA) both in the red after their first quarter delivery reports.RIVN was last seen down 6.5% to trade at $12.41, after soft demand resulted in a 36% decline in first-quarter deliveries year-over-year. The stock is 6.7% lower year-to-date but is coming off a third-straight weekly win and remains 18.3% higher in the last 12 ...