Rivian vs. Lucid: 1 Reason Jim Cramer Likes One Stock Over the Other
Lucid's deal with Uber is promising. But a Rivian partnership looks superior. To help Lucid scale up enough to produce this many vehicles, Uber also agreed to invest $300 million into the business. Around the same time, Lucid announced a 1-for-10 reverse stock split, but it's not clear how connected these two events are. While all of this looks promising on paper, there are two obvious problems. First, Uber's robotaxi division remains in its infancy. Whether it can actually grow big enough to acquire 20,000 ...