Analysis: Tesla's price cuts promise more pain for money-losing U.S. EV startups
A price war in electric vehicles started by market leader Tesla Inc has made it much more difficult for money-losing U.S. startups like Rivian Automotive Inc and Lucid Group Inc to grab share in an industry competing for shrinking consumer wallets.
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### Instruction: Analysis: Tesla's price cuts promise more pain for money-losing U.S. EV startups

### Response: A price war in electric vehicles started by market leader Tesla Inc has made it much more difficult for money-losing U.S. startups like Rivian Automotive Inc and Lucid Group Inc to grab share in an industry competing for shrinking consumer wallets.