Lucid stock plunged to all-time low after launching the $79,900 Gravity Touring SUV, offering 337 miles of range, dual-motor AWD and fast charging, with limited units available immediately. The EV maker cut its full-year production target to about 18,000 vehicles amid soft demand and supply issues. Retail sentiment remained split on whether Lucid should stay premium or ride Gravity momentum.
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10:18 am on
21 Nov