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Why is Lucid Stock Dropping? Lucid Motors Shares plunge : EV maker Lucid gets SEC subpoena on blank-check deal

Lucid Motors Shares plunge Lucid Motors subpoenaed by the SEC. Shares plunge Upstart electric vehicle maker Lucid Motors disclosed Monday it has received a subpoena from the SEC, sending its shares plunging 14% in premarket trading. why is lucid down ? The company said the probe “appears to concern” the SPAC deal that took it […]

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Top Reasons Rivian Could Be a Great Buy Now and Why Sell Rivian Automotive ? Dan Loeb’s hedge fund has made hundreds of millions

Rivian’s IPO Enriched Hedge Fund Third Point The Financial Times reported that Dan Loeb’s hedge fund Third Point has made hundreds of millions of dollars on its stake in electric-truck startup Rivian Automotive . Early investors making a mint isn’t all that surprising. But it does show the benefits of being a well-placed institutional investor. […]

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Lucid Stock Price : Why Lucid Group Stock (LCID) Is Surging Higher ? Morgan Stanley is skeptical . Lucid Motors passes Ford’s market cap. Tesla Set To Rally

Why Lucid Group Stock Is Surging Higher ? Lucid confirmed that it’s still on track to build 20,000 vehicles next year. Shares of electric vehicle maker Lucid Group (NASDAQ:LCID) were moving sharply higher on Tuesday, after the company reported third-quarter earnings and confirmed its production plans for next year. As of 12:45 p.m. EST, Lucid’s […]