Markets
Tesla, Rivian, or Lucid: Which EV Stock Came Out Ahead in April? - 24/7 Wall St.
Electric vehicle manufacturers' quarterly performance metrics reveal a stark contrast between Tesla's 12% decline in April deliveries and Rivian's 24% surge, while Lucid Motors' modest 5% increase fails to offset the sector's overall slowdown. Rivian's growth can be attributed to the successful rollout of its R1T pickup truck, which has captured a significant share of the burgeoning electric pickup market. Meanwhile, Tesla's Model Y production constraints continue to weigh on its quarterly numbers. AI-assisted, human-reviewed.