Rivian, Tesla, and Lucid say they face big losses as the Trump administration overhauls EV regulations

The Tesla brand has taken a hit since Elon Musk embraced right-wing politics. Newsday LLC/Newsday via Getty Images Tesla, Rivian, and Lucid all profit from selling regulatory credits to rivals who haven't sold enough EVs. Now, the Trump administration is gutting the credit scheme, and it's causing…