'For years, it was assumed that Tesla and other pure EV companies would outmaneuver legacy automakers, but today, it's the legacy automakers posting healthy profits, while pure EV companies flounder.'
'Price cuts, politics, and the belief that charging an EV is challenging are hindering progress, with Rivian, Lucid, and Fisker facing challenges.'
'Fisker's future looks bleak as Magna International, its contractor, announces no further production of the Fisker Ocean SUV, facing significant losses.'
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