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Lucid stock skyrockets on multimillion dollar Uber robotaxi deal
Lucid (LCID) stock skyrockets higher on news of a deal with Uber (UBER), in collaboration with self-driving start-up Nuro (NURO.PVT), as part of the push into robotaxis. Yahoo Finance Senior Reporter Pras Subramanian joins Market Domination to break down what investors need to know and what the deal signals about the autonomous driving space.
Written by Benzinga Insights for Benzinga -> Throughout the last three months, 18 analysts have evaluated Uber Technologies (NYSE: UBER), offering a diverse set of opinions from bullish to ...
The U.S. securities regulator has asked Lucid Group Inc for documents related to an investigation into its blank-check deal, joining a growing list of companies that have come under scrutiny for ...
This week's Mobility looks at Fisker's bankruptcy proceedings, Uber reigniting a debate about fingerprinting drivers in California, and more.
When the deal was first announced in February, it was the largest proposed SPAC transaction at that time, referred by many in Wall Street as “peak SPAC” and Lucid was even compared with Tesla.
As Uber is slated to report its Q1 earnings, experts forecast robust metrics while predicting that it could win the "robo taxi war".
Talk that it was going to buy electric-vehicle startup Lucid Motors pushed shares in the special-purpose acquisition vehicle up almost sixfold ahead of the deal.
Uber invests in Lucid and Nuro to counter Tesla and Waymo's robotaxi dominance. Check out UBER's strategic shift, $7B ...
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