Core Insights - Rivian Automotive Inc and Lucid Group Inc reported mixed earnings results, reflecting the current challenges in the electric vehicle sector amid geopolitical and tariff pressures [1] - The overall sentiment in the EV market improved, with Tesla's stock rising in response to the news from Rivian and Lucid [1] Rivian Automotive Inc - Rivian's stock increased by 1.2% to $13.66, achieving breakeven on a year-to-date basis [2] - The company reaffirmed its 2025 earnings targets but reduced guidance for vehicle deliveries to between 40,000 and 46,000 units and capital expenditures to $1.8 billion to $1.9 billion due to tariff concerns and a challenging global trade environment [2] - Elevated options activity was noted, with 42,000 calls and 22,000 puts traded, indicating bullish sentiment among traders targeting a short-term rebound [3] Lucid Group Inc - Lucid reported a wider-than-expected quarterly loss of $0.24 per share, slightly missing estimates, with revenue at $235.05 million, which was below expectations but significantly higher than the previous year [4] - Despite a 2.6% increase in stock price to $2.39, Lucid's stock is down nearly 22% year-to-date [4] - Unusual options interest was observed, with 19,000 calls traded, which is double the typical intraday amount, indicating increased trader activity [5]