Lucid CEO says the company could eventually be valued like Tesla

People test drive the Dream Edition P and Dream Edition R electric cars at the Lucid Motors plant in Casa Grande, Arizona, September 28, 2021. Caitlin O’Hara | Reuters Peter Rawlinson, CEO of Lucid Group, believes there is a long list for the electric car startup’s stock and market value to outpace traditional automakers and … Read more

Shares of EV start-up Lucid jump on new reservations, 2022 production

Electric vehicle startup Lucid said on September 28, 2021 that production of its first cars for customers has begun at its factory in Casa Grande, Arizona. Lucid Lucid Group shares jumped more than 5% during after-hours trading after the electric vehicle startup announced a marked increase in vehicle bookings and confirmed a production target for … Read more

Rivian prices IPO at $78 a share, valuing company at $66.5 billion

RJ Scaringe, 35-year-old CEO of Rivian presents the all-electric R1T pickup and the all-electric R1S SUV at the Los Angeles Auto Show in Los Angeles, California, November 27, 2018. Mike Blake | Reuters Rivian Automotive, the electric vehicle maker backed by Amazon and Ford, priced its initial public offering Tuesday at $78 a share, according … Read more