Electric truck manufacturer Rivian Automotive (RIVN) missed on third quarter revenue estimates while posting a wider-than-expected adjusted loss of $0.99 per share in the quarter. Simultaneously, Lucid Group (LCID) slightly beat on third quarter revenue alongside a narrower-than-expected adjusted loss of $0.28 per share.

Both EV stocks are moving into positive territory in extended hours.

Yahoo Finance senior autos reporter Pras Subramanian breaks down the earnings print and guidance forecasts from these two electric vehicle makers.

Follow along Pras Subramanian's extensive coverage of Rivian's forecasts of a full-year loss and Lucid's production guidance for its Gravity SUV

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This post was written by Luke Carberry Mogan.