Tesla, Rivian Analyst Says EV Tax Credit Expiry A 'Double-Digit Percent Headwind': Key Areas To Watch

Tesla Inc (NASDAQ:TSLA) and Rivian Automotive (NASDAQ:RIVN) each reported third-quarter vehicle deliveries that came in above consensus. Both companies have headwinds and tailwinds ahead, according to a sector analyst.Third Quarter Gets Tax Credit HelpTesla reported third-quarter deliveries of around 497,000, up 7% year-over-year and ahead of Goldman Sachs’ estimates of 455,000.Rivian third-quarter deliveries of 13,200 were up 32% year-over-year and beat a consensus estimate of 12,700. The total missed a Go ...