Lucid Stock Goes Up
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With the ability to cover up to 450 miles on a single charge, the Gravity SUV is expected to function well as a robotaxi, since it will need less downtime for recharging. This way, vehicles will be available for riders more often. Tesla ’s own Model Y is being used as the brand’s robotaxi, but that has nowhere near the range of the Lucid Gravity.
Ross Gerber is pushing back against a partnership between rideshare service Uber Technologies Inc. and automaker Lucid Group Inc.
Lucid Group partners with Uber and Nuro to deploy Gravity EVs as robotaxis, boosting delivery scale and entering the autonomous market. Click for my LCID update.
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Tesla ( TSLA) and its high-profile CEO Elon Musk can be polarizing. However, the automaker has achieved things that seemed impossible. It not only broke into the highly mature auto industry, it also helped to create the electric vehicle (EV) market. Could buying EV upstart Lucid ( LCID) set investors up for a similar success story?
Tesla is slated to report second-quarter results after the market closes on Wednesday, after deliveries fell short of estimates earlier this month.
Lucid, which has always offered an array of driver-assistance features, is now expanding the suite of driver aids on its models with two new hands-free features. Perhaps it’s surprising that a luxury automaker is offering the tech after mass-market brands like Ford, but better late than never, right?
Forget about Elon Musk and Tesla (NASDAQ:TSLA) for a moment. While shares may seem like the biggest bargain of the Magnificent Seven basket, given its shaky start to the year and the robotaxi opportunity that lies ahead,
Tesla and Lucid face Q2 delivery woes as EV demand risks rise. Click to explore TSLA and LCID strategies ahead of tax credit changes and the murky tariff situation.
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YouTube on MSNLuxurious Lucid Air Electric Sedan Boasts 500 Mile RangeEvery day the world is approaching the era of the electric vehicles’ dominance. Primacy still belongs to the American company Tesla, which has become a harbinger of a revolution in the transport industry.