HomeBusinessFinance Sector Stock NewsLucid (LCID) Stock Drop After Launching Cheaper Version Of Air E.V.

Lucid (LCID) Stock Drop After Launching Cheaper Version Of Air E.V.

Lucid (LCID) is down after launching a cheaper version of Air E.V. to boost demand. The new single-motor rear-wheel-drive version of the Air Pure sedan will start at $77,400. The new model is $5,000 cheaper than the prior lowest-cost version of the Air. The company has struggled with demand for the Air, a well-regarded but expensive luxury E.V. Tune in to find out more about the stock market today.

Next Gen Investing

05 Oct 2023

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