Lucid, Tesla and Uber
Digest more
Lucid’s stock zooms to best day in months after Uber becomes the EV maker’s latest backer and the companies hatch a plan to launch robotaxis.
Key Takeaways Lucid shares jumped 36% Thursday on news the EV startup is partnering with self-driving software maker Nuro and rideshare giant Uber Technologies to bring a new group of robotaxis to Uber's platform.
Ross Gerber is pushing back against a partnership between rideshare service Uber Technologies Inc. and automaker Lucid Group Inc.
8don MSN
Tesla ( TSLA) and its high-profile CEO Elon Musk can be polarizing. However, the automaker has achieved things that seemed impossible. It not only broke into the highly mature auto industry, it also helped to create the electric vehicle (EV) market. Could buying EV upstart Lucid ( LCID) set investors up for a similar success story?
American electric vehicle makers Rivian and Lucid rose as much as 4.6% and 8.8%, respectively, on Thursday.
Better Buy: Tesla vs. Lucid Stock March 07, 2023 — 05:21 pm EST Written by Keith Noonan and Parkev Tatevosian for The Motley Fool ->
Tesla's stock might be risky, but the payoff could be explosive if the company reaches its lofty goals. Lucid is scaling rapidly in the luxury EV market and also looks like a potential acquisition ...