More Good News for Rivian Investors -- at Tesla's Expense
Let's start this by being very clear about one thing: Tesla (TSLA -0.77%) still largely dominates the U.S. electric vehicle (EV) market, and its price cuts have put serious pressure on competitors. However, new vehicle registration data shows Tesla's dominance is slowing a bit and a handful of brands are surging. Here's what investors need to know.By the numbersHere are the new EV U.S. registrations for January through October 2023, for any brand that generated over 1% market share. The takeaways are pretty ...