Why Lucid Group Stock Blasted Higher Monday

Why Lucid Group Stock Blasted Higher Monday
·2 min read

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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