Why Rivian, Polestar, and Lucid Stocks All Dropped Today

Tesla just sounded the alarm: EV demand is not as strong as we thought it was. Electric car stocks took a tumble in noon (ET) trading Thursday, with Lucid Group (LCID -4.67%) falling 3.8%, Rivian Automotive (RIVN -4.86%) sliding 4.6%, and Polestar (PSNY -4.21%) doing worst of all -- down 7.4%, and trading at penny stock levels -- just $0.87 a share. Another EV company entirely, though -- Tesla (TSLA -1.84%) -- may be the reason for EV investor dismay. Tesla pulls its forecast Every year, Tesla publishes an ...