lucid motors

Churchill Capital Corp IV (NYSE: CCIV), one of the hottest SPACs of 2021, is getting more action Friday morning, with new investors hoping to bring new life to a stock that fell on a deal announcement. What Happened: Barstool Sports founder and popular internet personality Dave Portnoy said in...

The electric vehicle market is expected to touch $985.72 billion by 2027 as traditional automakers and emerging EV companies transform the automotive landscape. The change is being precipitated by factors such as the Biden Administration's push to convert the entire federal fleet to EVs. Here...

Lucid Motors confirmed Monday evening it will be going public via a SPAC merger with Churchill Capital Corp IV (NYSE: CCIV). Lucid Motors filed an investor presentation late Monday night and company CEO Peter Rawlinson appeared on CNBC Tuesday morning. Here are some key takeaways for investors to...

After months of speculation, one of the most talked about SPAC deals has been confirmed. What Happened: Electric vehicle company Lucid Motors is going public in a SPAC merger with Churchill Capital Corp IV (NYSE: CCIV). The deal has been rumored since January. The deal will value Lucid Motors at a...

One of the most talked about SPAC deals and electric vehicle stories could also be the highlight of the coming trading week, with a deal announcement nearing the finish line. What Happened: Lucid Motors, rumored to be landing a SPAC deal with Churchill Capital Corp IV (NYSE: CCIV) since January, is...

The four-day trading week saw no weakness in SPAC deal announcements or headlines, all of which we followed on Benzinga's SPACS Attack show. Here is a look back at the deals announced, some new SPACs to watch and top headlines. SPAC Deals: There were eight announced SPAC deals during the...

The link between Lucid Motors and Churchill Capital Corp IV (NYSE: CCIV) shows no signs of slowing down and the deal could be getting close to being formally announced. What Happened: Lucid Motors is nearing a deal with Churchill Capital Corp IV to go public. The deal would value the company...

Former Citigroup executive Michael Klein is becoming one of the most well-known names in the SPAC world. Last week, the dealmaker launched two additional SPACs under the Churchill Capital umbrella.  What Happened: Two new SPACs began trading on Friday from Klein’s Churchill Capital Corp...

Lucid Motors CEO Peter Rawlinson appeared on CNBC Friday morning with Jim Cramer and David Faber, sharing his thoughts on his company, plans for growth the electric vehicle market and rumors of a SPAC deal. About Lucid Motors: One of the hottest SPACs over the last few months has been...

Lucid Motors is in talks with Saudi Arabia’s sovereign wealth fund to build an electric vehicle manufacturing facility in the country, the fund’s Governor Yasir Al-Rumayyan told the Financial Times. The Public Investment Fund had acquired a 67% stake in the EV maker for about $1.3...

A Michael Klein-backed SPAC is popping on rumors of bringing an electric vehicle company public. What Happened: Lucid Motors is in talks to go public with Churchill Capital Corp IV (NYSE: CCIV), according to Bloomberg. The deal could value Lucid Motors at $15 billion. Lucid Motors is backed by...

A proposed Michigan bill that would have killed the direct-sales model of electric vehicle companies like Tesla Inc (NASDAQ: TSLA), Lucid Motors, and Rivian has been shelved indefinitely, CNET Roadshow reported Monday. What Happened: A Lucid spokesperson told CNET that the state senate...

Tesla Inc (NASDAQ: TSLA) appears to have once again increased the range of its Model S. What Happened: According to a report by Electrek on Saturday, the electric vehicle manufacturer seems to have increased the range for its Model S Long Range Plus to 409 miles on one...

Tesla Inc (NASDAQ: TSLA) has not received much competition from legacy auto companies. Despite this, Tesla continues to lower prices, with its most recent reduction taking $3,000 off the price of the Model S. Now Lucid Motors, a startup that represents some of the most direct competition...

Any electric vehicle maker that came after Tesla Inc (NASDAQ: TSLA), including Lucid Motors and Amazon.com, Inc (NASDAQ: AMZN)-backed Rivian, won't be able to sell units directly to consumers in Michigan if the state's auto dealers have their way. What Happened:...