Amazing News for Lucid Investors

Investors who stuck with Lucid through a bumpy year are now rewarded with some momentum and good news. It's been a bumpy ride recently for start-up electric vehicle (EV) makers. Fisker has been overtaken by bankruptcy, and many start-ups are dealing with horrendous cash burn, a lack of affordable EV options for mainstream consumers to adopt, and slowing EV sales growth in the U.S. market. It's been especially difficult for Lucid Group (LCID -5.83%) because its Air sedan, by most accounts a fantastic EV, has ...