Lucid Group Inc (NASDAQ:LCID) shares are trading higher Tuesday after the company unveiled its new Lucid Air Grand Touring Performance model and announced that deliveries of the Lucid Air Grand Touring have commenced.
The new Lucid Air Grand Touring Performance offers 1,050 horsepower and accelerates from 0-60 mph in 2.6 seconds.
Lucid said Air Grand Touring customer deliveries are already in progress and the company expects to begin delivering the Performance model in June.
Lucid offers the longest-range, fastest-charging electric car on the market. The company's mission is to inspire the adoption of sustainable energy by creating advanced technologies and the most captivating luxury electric vehicles centered around the human experience.
See Also: Why CarMax Shares Are Trading Lower
LCID 52-Week Range: $16.12 - $57.75
According to data from Benzinga Pro, the stock was up 2.39% at $22.21 at press time.
Photo: courtesy of Lucid.
