Lucid Motors

In this section of Torque News read the latest news about Lucid Motors, Lucid Air and electric vehicles made by Lucid Motors.
Tesla vs Lucid Motors

Lucid Motors and Tesla Are Different Markets: Here's Who Will Be The Winner

It's both adequate and funny how people are trying to compare Lucid Motors (LCID) with Tesla because they target different markets. There will be many more competing in Lucid and Tesla, but the winner will be characterized based on a different criteria. It can be Tesla, Lucid or another automotive rival.
Image showing a Lucid Air parked on a street after delivery.

Lucid's Stock Price Has Fallen By 30% In The Past Month, Despite The Company Taking Steps In The Right Direction

Lucid raised over $2 billion in cash and began trading as part of the Nasdaq-100 Index in December, but was also subpoenaed by the SEC over claims made during the SPAC merger that launched its IPO. All in all, a mixed bag of a month for the fledgling automaker.

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