Tesla (TSLA), Ford (F), Lucid (LCID): Rivian (RIVN): The Auto Sector In 2021
b'Tesla (TSLA) stock price was up over 4% today, while Rivian Automotive (RIVN) stock price was up almost 8% today. U.S. new vehicle inventories remain near record-low levels. "Chip shortages and supply chain issues have caused both new and used vehicle prices to jump dramatically," says Garrett Nelson. He believes that tight supply has created an environment where buyers have very little negotiating power with dealer.'