Why Lucid Shares Are Rising

Lucid Group Inc LCID shares are trading higher after the company tweeted photos of its vehicles on a transport truck. Lucid shares are also trading higher possibly amid strength in EV names following Tesla Inc's TSLA deal with Hertz and Xpeng's Tech Day event.

Hertz's order for 100,000 Tesla vehicles by the end of 2022 is the biggest EV order ever placed and is valued at $4.2 billion, analyst Daniel Ives said in a note... Read More

Lucid is a technology and automotive company. It develops the next generation of electric vehicle (EV) technologies. It is a vertically integrated company that designs, engineers, and builds electric vehicles, EV powertrains and battery systems in-house.

Lucid has a 52-week high of $64.86 and a 52-week low of $9.60.

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