If you ask Lucid (Lucid) CEO Peter Rawlinson, the company is the “most immune” EV maker if President-elect Donald Trump cuts the federal tax credit for electric cars. Despite the claim, Lucid’s stock is hitting a new all-time low at under $2 a share.
Is Lucid immune to losing the EV tax credit?
Lucid is coming off its third straight record quarter of deliveries. With another 2,781 vehicles…
Lucid Motors (LCID) just broke its delivery record again in Q3 as new incentives boosted demand. The EV maker has now delivered more vehicles in 2024 than it did all of last year.
Lucid set another delivery record in Q3 2024
After delivering another 2,781 vehicles in the…
EV startup Lucid (LCID) revealed it is raising roughly $3 billion through a public stock sale and new investment from its majority stockholder, Saudi Arabia’s Public Investment Fund (PIF).
Lucid raises $3 billion via stock sale
Lucid, like most EV startups, is struggling…
