Lucid has announced updates to its 2027 Gravity SUV lineup, enhancing standard features like the DreamDrive™ 2 Premium driver assistance system and adding an extra key fob across all trims. The Grand Touring trim receives significant upgrades and introduces the new Prestige Package, which includes larger wheels, advanced sound system, dynamic handling, and third-row seating. These changes aim to improve convenience, luxury, and customization options as Lucid expands its presence in the luxury electric SUV market. Pricing starts at $79,900 for the Touring and $98,900 for the Grand Touring in the US, with the Prestige Package available from summer 2026.
RBC Capital lowered Lucid Group's price target from $8 to $7, citing high fuel prices that may shift U.S. consumers toward smaller, fuel-efficient vehicles instead of EVs. Despite macroeconomic uncertainties, U.S. vehicle demand stayed strong in earl...
Payments company Stripe and private equity firm Advent International jointly offered to acquire PayPal for $60.50 per share, valuing the company at over $53 billion, a 28% premium to its recent closing price. The offer, backed by about $50 billion in...
GraniteShares announced the delisting of its 2x Long LCID Daily ETF (LCDL) from NASDAQ after the fund's net asset value (NAV) turned negative following a complete liquidation of its Lucid Group Inc. (LCID) position at a loss. This negative NAV result...
Lucid, the luxury electric vehicle maker, saw its stock drop over 50% intraday amid reports it was considering bankruptcy, restructuring, or going private. The company quickly denied these rumors, calling them completely false, which helped the stock...
Lucid Motors' stock plunged more than 55% after reports suggested the company might consider bankruptcy or going private. The electric vehicle maker denied these rumors, stating it has sufficient liquidity for the next year and no plans for bankruptc...
