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Why Rivian, Ford, and General Motors Jumped Today

Why Rivian, Ford, and General Motors Jumped Today

Electric vehicle (EV) makers are working hard to challenge Tesla's leading market share, and the stocks of three popular names jumped today. It wasn't just the large legacy carmakers Ford Motor Company (NYSE: F) and General Motors (NYSE: GM) that have investors buying, but also start-up Rivian Automotive (NASDAQ: RIVN).