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.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: WSJ - 🏆 98. / 63 Read more »
Source: WSJ - 🏆 98. / 63 Read more »
Source: CNBC - 🏆 12. / 72 Read more »