Uber, robotaxi and Lucid
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EV maker Lucid is partnering with Uber and self-driving car startup Nuro to deploy thousands of autonomous robotaxis over the next six years.
Lucid Group reported impressive growth for the second quarter of 2025, delivering 38% more vehicles than it did the prior year. Unfortunately, that growth is from a small number. Lucid has delivered just 6,418 vehicles over the first half of 2025. As a result, the company operates at significant losses:
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Why Lucid is Probably Not The Next Tesla - MSNOn June 29, 2010, Tesla Inc. (NASDAQ: TSLA) IPO'd at $17 per share. Fast-forward 15 years, plus a five-for-one and three-for-one split, and Tesla's stock is trading at just over $341 per share as ...
Lucid has previously said it plans to offer lower-priced vehicles to expand its market further. One of the latter is Lucid Group (NASDAQ: LCID). Lucid's new Gravity SUV plugged into Tesla Supercharger.
If Lucid Group grows to where it can turn a sustainable profit, it could very well make investors who buy it today very wealthy. But only investors with very strong constitutions should buy it, because there remains a very material risk that it falls short of its lofty goals.
Lucid is 10 percent of Tesla, but honestly, Lucid's business isn't 10% of Tesla's business right now. Lucid hopes to produce 20,000 vehicles, next year, 20,000 vehicles. Toby Bordelon: Tesla did ...
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Will Lucid Be Worth More Than Tesla by 2040? - MSNLucid was led by Tesla's former chief vehicle engineer Peter Rawlinson, ... Lucid's stock soared to a post-merger high of $55.52 on Nov. 16, 2021, and boosted its market cap to $91.4 billion.