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Rivian deliveries jumped 46% in Q3 as Tesla sales fell 2%, highlighting diverging trends as Rivian ramps up production of its R2 SUV.
Rivian is seeing some huge sales increases since the R2, but can it keep it up the rest of the year despite some recalls and stock drops?
Analysts are bullish on Tesla’s near-term stock movements, but they did lower expectations for one key metric.