Reported 1 day ago
Lucid Motors recently announced a $300 million deal with Uber to supply at least 20,000 self-driving Gravity SUVs over six years, which initially boosted its stock price. While this partnership presents a promising opportunity, investors are cautious due to ongoing concerns about Lucid's cash flow and the need for further model developments. Despite the potential upside, analysts recommend considering other investment options as Lucid's stock may carry risks in the current market.
Source: YAHOO