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Shares of Rivian and Lucid hit new all-time lows on Thursday after reporting quarterly results that disappointed the Street and raised concerns that the pure-play EV makers are not evolving quickly enough, particularly with EV demand slipping.
NKLA earnings call for the period ending December 31, 2023.
CNBC Pro found names that could see sizable moves after reporting quarterly financials.
With sales of costlier electric cars cooling, Rivian CEO RJ Scaringe is going to woo consumers with a smaller SUV and a smaller $45,000 price tag.
The company's CEO is stepping down, and this analyst believes it's a good thing.