{
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Lucid Gravity SUV Launches at 80000 with Five Star Safety Rating for Air

Lucid Motors has launched the Gravity, its new luxury SUV, starting at $80,000, with a Grand Touring trim offering 440 miles of range and 800 horsepower. Production for the Grand Touring begins at the end of 2024, while the Touring trim will follow in 2025. Additionally, the Lucid Air has received a five-star safety rating from the NHTSA, affirming its commitment to safety and innovative design.
CleanTechnica
United States Dollar Lucid Motors Lucid Eric Bach
Technology & Innovation, News Article
01:20 30.10.2024

lucid motors raises 1.75 billion amid investor concerns and stock decline

Lucid Motors raised approximately $1.75 billion through a public offering, a move CEO Peter Rawlinson described as strategic to secure capital for growth and avoid a "going concern" disclosure. Despite having over $5 billion in liquidity, analysts viewed the timing as premature, leading to an 18% drop in shares. Rawlinson emphasized the importance of this capital for ongoing investments, including expanding production and launching new models.
CNBC
United States Dollar Lucid Motors Bofa Securities Inc. RBC Capital Markets LLC Morgan Stanley NASDAQ-100 Fund FUND Churchill Capital Corp IV USA SAU Peter Rawlinson Adam Jonas Michael Bloom Tom Narayan Show more
Finance & Economy, News Article
21:02 21.10.2024
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