Lucid, Rivian, and Tesla Stocks Surge Amid Market Optimism

Tesla's stock surged past a $1 trillion market cap, despite not reporting earnings, as Rivian and Lucid's earnings reports showed mixed results. Rivian's Q3 sales fell short of expectations, with significant losses, while Lucid saw a 45% revenue increase but still reported losses. Tesla, although experiencing a slight decline in profits, remains profitable and free-cash-flow positive, highlighting its advantage as an established player in the EV market.