: Rivian, Lucid and Fisker navigate a ‘treacherous road’ as they struggle to match Tesla’s success

by | May 11, 2023 | Stock Market

It was always going to be difficult. Ramping up production of a new product, using relatively new technology, is a tall order in the best of times. Electric-vehicle startups Rivian Automotive Inc. RIVN, Fisker Inc FSR and Lucid Group Inc. LCID are finding out that it is extra hard in the middle of economic uncertainty, lingering supply-chain worries, rising interest rates and less patient investors. Earlier…

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