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While Tesla and Waymo continue to dominate the robotaxi conversation, Lucid enters the fray with a $300 million joint venture with Uber and Nuro.
Key Points Lucid announced a preliminary filing for a reverse stock split.Typically, reverse stock splits are done by companies in financial distress.Lucid has no immediate threat of being delisted.10 ...
The Air was their first mass-produced effort, and the goal was to exude competence. The result was a car that is ...
Essentially, Lucid will consolidate its shares, and investors will receive one new share for every 10 of the old shares, and ...
The stock's massive declines prompted the recently announced proposal. Then, a huge announcement sent shares soaring.
Per the terms of the deal, Uber will invest $300 million into Lucid to help the company build a reported 20,000 (or more) vehicles over the next six years. These vehicles will come equipped with ...
Uber will invest $300m (R5.34bn) in electric vehicle maker Lucid in a robotaxi deal that aims to start with one major US city ...
The EV maker has seven quarters in a row with increasing deliveries. Lucid has liquidity to last until the second half of ...