The Latest Breaking News from Lucid

The Lucid Air entered the market on October 30, but the initial Dream Edition has been fully booked for a long time. Some of the Airs are now for sale on eBay.

EV stocks had another down week amid the broader market rout, triggered by macroeconomic uncertainties. EV leader Tesla, Inc.'s (NASDAQ: TSLA) earnings report did little to salvage the somber market mood. Here are the key events that happened in the EV space during the week:

Lucid Group, Inc (NASDAQ: LCID) was trading almost 10% lower at one point on Thursday morning in sympathy with Tesla, Inc (NASDAQ: TSLA), which was down almost 8% following a bearish reaction to its fourth-quarter earni

The electric vehicle (EV) industry is expected to witness a surge in sales this year due to improved battery technology, advanced features, affordable prices, and more charging stations. While these factors should benefit most EV stocks, the shares of a few are trading at lofty valuations despite their companies’ relatively…