Tesla’s Biggest Rivals Warn the EV Party Might Be Over
It’s going to be tough, and it’s going to be uncertain. That was the clear message from Rivian and Lucid, America’s two most promising electric vehicle manufacturers, as they gave a grim forecast for the future of the EV market. After a brief sugar rush of sales, Tesla’s top rivals are bracing for a brutal hangover, hit by a double punch of hostile policies from the second Trump administration: crippling tariffs and the fast-approaching end of the federal EV tax credits that have propped up the