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The market capitalization of Lucid Group, Inc. (NASDAQ:LCID) fell by $2.1 billion last week; Sovereign funds have paid the price

Every Lucid Group, Inc. (NASDAQ: LCID) investor should know the most powerful shareholder groups. With 60% of the capital, sovereign wealth funds hold the maximum share in the company. In other words, the group is likely to gain the most (or lose the most) from its investment in the business. And after the 11% drop …

The market capitalization of Lucid Group, Inc. (NASDAQ:LCID) fell by $2.1 billion last week; Sovereign funds have paid the price Read More »

Lucid Previews Panoramic Gravity e-SUV with Market-Leading Lineup

Lucid Previews Panoramic Gravity e-SUV with Market-Leading Lineup

It’s only a matter of time before an electric car startup manages to address its lack of mandatory SUVs, and Lucid Motors’ time has come. The company has released the first look at its Gravity SUV ahead of a more formal reveal early next year. So far, the Gravity looks like an earth-powered electric spaceship …

Lucid Previews Panoramic Gravity e-SUV with Market-Leading Lineup Read More »