Mar 9, 4:02PM EDT This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. ​ Today’s prices reflect intraday trading as of approximately 3:50 PM ET on March 9, 2026. LCID Stock: Oil Spike Provides a Short-Term Catalyst LCID stock is moving higher today, trading at $10.48, up from Friday’s close of $9.77. For a stock that has been grinding lower, today’s oil-driven bounce is a welcome change of pace. But context matters here. Lucid Group stock is down more than 50% over the past year and has shed nearly 96% of its value over five years, from a peak near $247 per share down to where it trades today. That is a staggering destruction of value, and one day’s oil-driven move does not change the underlying story. The longer-term challenges for Lucid Group are real. The company posted Q4 2025 revenue of $522.73 million, which sounds impressive until you see that cost of revenue came in at $944.64 million for the same period — meaning Lucid Group is spending nearly twice what it earns on every vehicle it sells. Free cash flow was -$1.24 billion in Q4 alone. The company’s survival continues to depend heavily on its relationship with Saudi Arabia’s Public Investment Fund. Analyst sentiment reflects this reality. The analyst consensus target sits at $13.85, with one buy, seven hold, and two sell ratings. Thus, today’s bounce is a trading move, not a fundamental rerating. RIVN Stock: Amazon Partnership and Oil Tailwind Fuel the Rally Rivian Automotive is also gaining today, with RIVN stock trading at $15.94, up from Friday’s close of $15.37. Unlike Lucid Group, Rivian has shown some genuine recent momentum: the stock is up 7.79% over the past month and is actually up 41.76% over the past year, making it the relative outperformer among the three names today. There is a real business story developing here. Rivian Automotive posted its first full year of positive gross profit, with $120 million in quarterly gross profit in Q4 2025; this is a meaningful milestone for a company that has been burning cash since its IPO. Software and services revenue jumped 109% year-over-year to $447 million, largely driven by the Volkswagen joint venture. That’s the kind of high-margin revenue stream that changes the narrative over time. That said, analysts are cautious. UBS downgraded Rivian Automotive shares to Sell from Neutral in January 2026, with a price target of $15 — a level the stock is currently trading above at $15.82. The analyst consensus target sits at $17.88, implying modest upside from current levels. Rivian Automotive CEO RJ Scaringe’s upcoming keynote at ACT Expo 2026 signals continued focus on the commercial EV market, where the Amazon (NASDAQ:AMZN) delivery van partnership remains a key differentiator. Federal Probe and BYD Competition Weigh on TSLA Stock Here is where today’s story gets interesting. Tesla stock is barely in the green, trading at $399.20 versus Friday’s close of $396.73, even as oil surges and its EV peers rally. Clearly, something specific is holding Tesla back. Two catalysts stand out. First, a federal investigation is now targeting Tesla’s Full Self-Driving system for alleged traffic violations. Regulatory overhangs of this nature tend to weigh on sentiment, particularly for a company whose valuation is partly built on the promise of autonomous driving. Second, BYD has filed paperwork to import EVs to Canada, extending its competitive reach further into North America. Reddit sentiment this morning reflects these concerns, with the most-discussed post on r/stocks being about SpaceX and Elon Musk’s political exposure; that’s not exactly the kind of conversation that drives buyers into TSLA stock. The competitive threat from BYD is worth taking seriously. BYD shares are trading at $80.21 today, and the company’s recent rollout of five-minute flash-charging battery technology has captured significant retail investor attention as a direct threat to Tesla’s technology narrative. The Big Picture for EV Stocks Zoom out, though, and Tesla’s long-term track record is extraordinary. The stock is up 51.69% over the past year more than 2,700% over 10 years. However, year-to-date in 2026, TSLA is down 11.23%, and today’s session is a reminder that macro tailwinds alone cannot overcome company-specific headwinds when they pile up simultaneously. Today’s session tells you something important about where we are in the EV cycle. Oil surging toward $100 per barrel is enough to move Lucid Group and Rivian Automotive, but Tesla is in a different conversation entirely — one about regulatory risk, political noise around its CEO, and a Chinese competitor that is closing the technology gap faster than most expected. All three stocks remain deeply below their all-time highs, and today’s moves, while real, should be understood as short-term reactions to a macro catalyst rather than signals of any fundamental shift. Whether LCID and RIVN can hold their gains over the next few trading sessions will be worth monitoring, along with any further developments around Tesla’s FSD probe, a story that’s not going away anytime soon. More Content