Electric vehicle makers burning cash, slammed by sky-high costs
- Stock Market Stocks to buy Stocks to sell
admin
- 0
- 1 minute read
Every time Lucid Group Inc or Rivian Automotive Inc sells an electric car, they are losing hundreds of thousands of dollars due to staggering raw material and production costs, their latest earnings statements showed.
:max_bytes(150000):strip_icc():format(jpeg)/INV_SP500Gainers_Losers_2023_GettyImages-1223455297-196b1bea36f64240a70a0ce37ba6d1bc.jpg "Best Times of the Day, Week, and Month to Trade Stocks")
:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-172751278-cd584128c8ac48bbb99887a942f07eed.jpg "Why the Prices of Sports Tickets Vary So Much")
:max_bytes(150000):strip_icc():format(jpeg)/accountspayable.asp-Final-e4e5efa448a94289b6b17189aa72f10e.jpg "Are Accounts Payable an Expense?")
:max_bytes(150000):strip_icc():format(jpeg)/index-funds-7ae7ad9cf2554db68fa0e8a6e523f41d.jpg "Investing in Index Funds: What You Need to Know")
:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-175599141-2ce72850981343a9ade6410691182453-17447ba2ff6642b88aa3bbdd53e63f4b.jpg "How Do You Record Adjustments for Accrued Revenue?")