Key Points Lucid announced a preliminary filing for a reverse stock split.Typically, reverse stock splits are done by companies in financial distress.Lucid has no immediate threat of being delisted.10 ...

Essentially, Lucid will consolidate its shares, and investors will receive one new share for every 10 of the old shares, and ...

The stock's massive declines prompted the recently announced proposal. Then, a huge announcement sent shares soaring.

Per the terms of the deal, Uber will invest $300 million into Lucid to help the company build a reported 20,000 (or more) vehicles over the next six years. These vehicles will come equipped with ...

The US EV market is shrinking despite all the advances in EV and battery tech, while China and Europe are going all-in on ...

Lucid Revs Its Engine Lucid Group (NASDAQ:LCID) saw its stock soar 36% to $3.12 per share following a $300 million ...

Uber's robotaxi deal with Lucid and Nuro isn't worrying gig worker drivers. Here's why they don't think driverless cars will ...

“Autonomous vehicles have enormous potential to transform our cities for the better,” says Dara Khosrowshahi, CEO of Uber.

Uber Technologies and Lucid Group team up to deploy 20,000 autonomous SUVs, marking a pivotal moment in AV tech. Click for ...

Zizka describes Brightpick's innovative Giraffe Autopicker, and Charlie Kemp explains Hello Robot's mobile manipulator.

As part of a deepening relationship with each partner, Uber plans to make multi-hundred-million dollar investments in both ...

Over six years starting in 2026, Uber will acquire and deploy over 20,000 Lucid Gravity crossovers that will be equipped with ...