Why Lucid Stock Is on Fire Today
LCIDLucid (LCID) The Motley Fool·2024-09-12 01:07

The luxury electric vehicle maker is all set to launch a new SUV and a cheaper midsize EV. Lucid (LCID 8.36%) stock had been giving up all its gains from August so far this month until this morning when it surged, jumping 7.3% higher as of 11:10 ET Wednesday. The luxury electric vehicle (EV) maker is placing big bets on its upcoming Gravity SUV. Yesterday, Lucid didn't just showcase and reveal more information about Gravity at its Technology and Manufacturing Day event but also gave a glimpse of its upcomin ...