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Mixed Performances in the EV Space: Tesla, Rivian, Ford, Lucid, and Nikola
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Tesla's sales, India plans, and domestic sales in China experienced fluctuations. Rivian introduced new battery pack options, Ford announced plans for low-end EVs, and Lucid formed a partnership with Saks for exclusive demo drives. Nikola rejected dissident nominees for its board. The KraneShares Electric Vehicles and Future Mobility Index ETF saw a slight decrease in value. Several EV stocks experienced gains and declines, with Tesla and Nikola being particularly noteworthy.
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How might Lucid's partnership with Saks benefit its brand and sales?
How will Tesla's sales fluctuations impact its market position?
What are the implications of Ford's plans for low-end EVs?
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