Rivian Gives Lucid Motors (LCID) Stock a Jolt After Volkswagen Deal

LCID Stock Rises Following Rivian-Volkswagen Partnership The news caused Lucid (NASDAQ:LCID) to rise as much as 12% following yesterday's close, although more than half of those gains have been erased since then. While Lucid's deal pertains to hardware, Rivian's deal focuses on software. The EV truck company's deal is also much more lucrative. Rivian now boasts Amazon (NASDAQ:AMZN) and Volkswagen as major partners while Lucid has the support of Saudi Arabia's Public Investment Fund (PIF) and its subsidiary, ...