Why Lucid Group Stock Blasted Higher Monday

·2-min read
Why Lucid Group Stock Blasted Higher Monday

With electric vehicle stocks soaring on Monday, how could shares of luxury electric car manufacturer Lucid Group (NASDAQ: LCID) be far behind? Importantly, Lucid also said it would start by building 520 Dream Edition units, also its most expensive model so far with a price tag starting $169,000, after which it will shift focus to delivering all three of its other Air models, called Pure, Touring, and Grand Touring.

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