Electric-Car Startup Lucid Overtakes Ford in Market Value

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Electric-Car Startup Lucid Overtakes Ford in Market Value
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Lucid became the latest electric-vehicle startup to rival Ford in market value, in another example of how investor enthusiasm is intensifying for car companies that shun gasoline

Lucid Group Inc. , in market trading Tuesday, became the latest electric-vehicle startup to rival automotive icon Ford Motor Co . in market value, another example of how investor enthusiasm is intensifying for car companies that shun gasoline.

Stock in Lucid, a maker of high-end electric cars, climbed roughly 15% in morning trading, following the release of its first financial results as a public company Monday afternoon. The rally pushed the company’s valuation to $83 billion as of midday, surpassing that of Ford for the first time since Lucid’s

 

Enthusiasm for being a bag holder for years lol

That the ‘07 Impala?

Ok that’s cool but where is more than just one car.

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