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With €1,090,000,000 in Losses, Tesla's Biggest Rival Is in Danger of Bankruptcy? - Hybrids and Electrics

Summary by hibridosyelectricos.com
Lucid Motor is an American electric car manufacturer that has achieved notoriety by producing the Lucid Air, the most efficient electric car in the world. Moreover, it is considered Tesla’s biggest rival. Or so it seemed... in 2021 when, on the day of its stock debut, its shares increased by 19%. That same year they reached a maximum price of 64.86 dollars. Much has rained since then and, today, the value of its shares has decreased to 97%. More…
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Lucid Motor is an American electric car manufacturer that has achieved notoriety by producing the Lucid Air, the most efficient electric car in the world. Moreover, it is considered Tesla’s biggest rival. Or so it seemed... in 2021 when, on the day of its stock debut, its shares increased by 19%. That same year they reached a maximum price of 64.86 dollars. Much has rained since then and, today, the value of its shares has decreased to 97%. More…

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hibridosyelectricos.com broke the news in on Wednesday, July 2, 2025.
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