Why Lucid Stock Jumped 16.6% in July

Lucid expects high EPA ratings, access to Tesla's extensive public charging network, and other recent enhancements such as advanced driver assistance systems to make its EVs more appealing in an intensely competitive market. In a bid to add to its brand appeal, Lucid also hired actor Timothée Chalamet as its first- ever global brand ambassador in July. Lucid wants to boost its stock price by 10x, but there's something you must know. Investors in Lucid Group (LCID -3.63%) had a lot to chew on in July, includ ...