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Shares of EV makers including Lucid Group Inc (NASDAQ: LCID) and Rivian Automotive Inc (NASDAQ: RIVN) are backing up Thursday after Tesla Inc (NASDAQ:
Tesla's tumbling stock prices have overshadowed smaller EV start-ups stock price routs.
Two EV manufacturers are seeking cash infusions this week to bring their delayed vehicles to market. Nikola, a Phoenix-based electric truck maker, said in a securities filing Tuesday that it plans to raise funds through a $400 million stock offering. Luxury EV company Lucid filed a day prior for the right to issue up to […]