Will Tesla's Price Cuts Stop the Rise of Rivian.

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Investors have appreciated the recent surge in Rivian.

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Will the rally be killed by Tesla's successful price cuts, though?

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Elon Musk, CEO of Tesla (TSLA 4.20%), effectively instilled anxiety throughout the electric vehicle (EV) sector.

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Musk stated that Tesla would prefer to sell more units at lower prices than fewer units at better profit margins.

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Initially, it shows the Cybertruck charging at Gigafactory Texas' solar-panel canopied Supercharging station.

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