2 EV Stocks Taking a Dive After Earnings

Shares of electric vehicle (EV) firms Rivian Automotive Inc (NASDAQ:RIVN) and Lucid Group Inc (NASDAQ:LCID) are plummeting this afternoon, following quarterly results.Rivian Automotive Stock Hits Record Low After EarningsRivian Automotive stock is down 25.2% at $11.52 at last glance, after the EV maker announced worse-than-expected fourth-quarter results. Also weighing on RIVN is news that the company laid off 10% of its workforce and word that it expects to see lower-than-expected car production going forw ...