Warning: 1 Reason Experts Think Sales Will Plummet for Rivian, Tesla, and Lucid Group in 2026

Experts are sounding the alarm for electric vehicle stocks like Rivian (NASDAQ: RIVN), Lucid Group (NASDAQ: LCID), and Tesla (NASDAQ: TSLA). I've written recently about how all of these companies will lose a critical profit source in 2026. Automotive regulatory credits -- which previously brought in billions in "free" profit industrywide -- now have essentially zero value due to regulatory changes. But there's another challenge that Rivian, Lucid, and Tesla will soon face that could be even more damaging.According to research published in The New York Times, electric vehicle sales are expected to be "dreadful" next year. The demise won't wait until 2026 to begin, however. "Sales of electric models are expected to plummet in the last three months of the year and then remain sluggish for some time," the article concludes.The primary cause is clear: Earlier this year, the U.S. government eliminated tax credits for EV purchases. Because the tax credits expired at the end of September, many consumers raced to buy their vehicles before the deadline in order to lock in their financial incentives.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool