The country's public wealth fund is a major investor in Lucid, holding roughly 62% of the company's shares. At its peak, Lucid Motors commanded a market cap higher than Ford. Lucid said in April that Saudi Arabia's government had agreed to buy up to 100,000 of its vehicles over the next 10 years. Lucid Motors’ stock rose to its all-time high of 57.57 in Q4 2022 after the listing of Rivian. To help address the issues, Lucid announced Wednesday it's hired Stellantis veteran Steven David to serve as its senior vice president of operations, taking charge of the company's manufacturing, logistics and quality-control efforts.ĬFO Sherry House told CNBC that the company's reservation total of 37,000 does not include any reservations for its upcoming Gravity SUV or any of the vehicles ordered by the government of Saudi Arabia. Lucid Motors (NASDAQ: LCID) is enjoying the week so far, with shares up almost 7.5.A bulk of those gains are coming on Wednesday, with LCID stock up more than 6. "It really unveiled the next level of challenges, the immaturity of our logistics systems," Rawlinson said, explaining that Lucid is in the process of bringing shipping and other services in-house.
Sa présentation officielle est annoncée pour le 9 septembre 2020. Rawlinson told CNBC in an interview that the process of working through the supply-chain issues forced the company to confront another set of bottlenecks. Lucid Motors devait présenter la version de série de son premier modèle, la Lucid Air, au salon de New York 12, mais celui-ci a été reporté fin août 2020 en raison de la pandémie de Covid-19 aux États-Unis.
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