Lucid has high expectations for new Gravity SUV as customer orders set to open [CNBC]
Lucid Group, Inc. (LCID)
Company Research
Source: CNBC
The Gravity is Lucid's second vehicle following the Air sedan, which the luxury EV manufacturer has been selling in small numbers since late 2021. Lucid on Tuesday said customer ordering for the first Gravity model, called the Grand Touring and retailing for $94,900, will open Nov. 7 on its website. Electric vehicle startup Lucid Group is counting on its upcoming Gravity SUV to assist the automaker in a “significant increase” in sales volumes to narrow the company's losses, according to CEO Peter Rawlinson. The Gravity is Lucid's second vehicle following the Air sedan , which the luxury EV manufacturer has been selling in relatively small numbers since late 2021. Lucid on Tuesday said customer ordering for the first Gravity model, called the Grand Touring, will open Nov. 7 on the carmaker's website. It's set to retail starting at $94,900. Other models are expected to follow, including an entry-level $79,900 Gravity Touring trim late next year. “I'm very confident we'll enjo
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- LUCID ALERT: Bragar Eagel & Squire, P.C. is Investigating Lucid Group on Behalf of Long-Term Stockholders and Encourages Investors to Contact the FirmGlobeNewswire
- Lucid opens Gravity orders in bid to reshape SUV market [Yahoo! Finance]Yahoo! Finance
- Where Will Lucid Stock Be in 1 Year? [Yahoo! Finance]Yahoo! Finance
- Lucid Group, Inc. (NASDAQ: LCID) had its price target lowered by analysts at Royal Bank of Canada from $3.00 to $2.00. They now have a "sector perform" rating on the stock.MarketBeat
- Why Lucid Stock Is Falling Today [Yahoo! Finance]Yahoo! Finance
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