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Stock impact report

Rivian vs. Lucid: 1 Reason Jim Cramer Likes One Stock Over the Other [Yahoo! Finance]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: Yahoo! Finance
Rivian may be a better buy due to a deal with VW. 10 stocks we like better than Lucid Group › Lucid Group (NASDAQ: LCID) soared in value following the announcement of its partnership with Uber Technologies . According to the deal's terms, Uber will invest $300 million in the electric vehicle (EV) maker. Uber also committed to purchase 20,000 vehicles from Lucid to kick-start its robotaxi division. Wall Street veteran Jim Cramer recently weighted in on the deal, and his take was surprising to many. He compared Lucid's deal with Uber to a partnership Rivian Automotive (NASDAQ: RIVN) , another EV stock , made earlier this year. If you're invested in either Lucid or Rivian, you'll want to give Cramer's comments some consideration. The details of Lucid's partnership with Uber are fairly straightforward. The latter says it is expecting to launch a robotaxi service later next year in a major U.S. city. To power this launch, Uber plans to order 20,000 Lucid Gravity SUVs over the Show less Read more
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