LCID Stock Pops as Lucid Motors Announces Partnership With Saks

Lucid (NASDAQ:LCID) stock is up nearly 9% today on a surprise partnership with high-end department store chain, Saks Fifth Avenue. Indeed, the electric vehicle maker announced Tuesday it will even begin offering test drives at some Saks brick-and-mortar location.What do you need to know about Lucid’s new fashion friend?Well, the multi-faceted deal will include substantial media collaborations between the two brands. As part of the agreement, Saks will have a Lucid landing page on its website, post about the ...