Lucid Motors

LCID

Market cap $6.31B

Lucid Group (LCID 2.60%) has continued to have a rough go of it. Negative developments have affected the stock's performance in recent weeks.

In the latest trading session, Lucid Group (LCID) closed at $21.39, marking a +1.95% move from the previous day.

NEWARK, Calif. , Oct. 13, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced the opening of two new Studio and Service Center locations in San Jose, Calif.

With shares down a whopping 75% over the past half-decade, Lucid Group (LCID -3.27%) is an example of the risks involved in stock market investing. While electric vehicles (EVs) are widely expected to eventually replace their gasoline-powered counterparts, the road to mainstream acceptance has been much choppier than anticipated.

Lucid Gravity Grand Touring starts at $134,500 1  CDN and is available to order now Lucid Gravity delivers an interior with space for up to 7-adults and their gear Lucid Gravity offers up to nearly 3,400 litres of cargo space. The full Lucid Gravity product line features an integrated NACS charging port and access to the Tesla Supercharger network, with Gravity Grand Touring projected to have up to 720km 2  of range and 400 kW fast charging.

If you follow the electric vehicle (EV) industry, by now you're aware the federal $7,500 tax incentive for EV purchases went the way of the dinosaurs on Sept. 30. While that created a nice pull-forward effect for demand during the third quarter, it's going to leave an equally strong slowdown during the fourth quarter.

Since the close of trading last week, shares of the electric vehicle maker Lucid Group (LCID 1.34%) traded roughly 10% lower, as of 9:57 a.m. ET today. The move comes after Lucid reported third-quarter deliveries earlier this week, and received a negative rating from Wall Street.

Lucid Group Inc (NASDAQ:LCID) shares are trading marginally higher on Wednesday afternoon as investors weighed the company's record third-quarter delivery figures against a backdrop of revised production guidance and ongoing supply chain issues. Here's what investors need to know.

Lucid Group Inc. (NASDAQ: LCID) sold a tiny number of vehicles in the third quarter.