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MarketWatch
Tesla, Rivian stocks suffer losses of more than 5%
Shares of electric-vehicle makers Tesla Inc. and Rivian Automotive Inc. dropped more than 5% in midday trading Thursday, underperforming the broader market. Tesla, which has lost billions in market value in recent sessions and blown past lows, traded as low as $107.16. Another EV maker’s shares, Lucid’s , dropped more than 4%. In contrast, the S&P 500 index was down 1%.
