Lucid joins Tesla-led EV price war with discounts on some Air models

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Morgan Stanley seeks narrative change at Tesla’s (TSLA) investor day as shares nears valuation

February 10, 2023 7:46 AM EST

Morgan Stanley reiterated an Overweight rating on Tesla (NASDAQ: TSLA) as the companys stock has nearly doubled since January 3rd, taking the stock to just under their $220 price target. Over the 27 trading days YTD, Tesla has traded an accumulated $ value (VWAP) of $804bn. By comparison, the trailing 27 days leading up to... More

Lucid Group (LCID) enters Tesla-led price war with $7,500 EV credit offer

February 9, 2023 10:49 AM EST

Lucid Group (NASDAQ: LCID) announced Thursday that the American EV company will be offering a new $7,500 credit for customers buying select variants of the Air luxury electric car. The credit unofficially announces the groups entry into what is being called a Tesla-led price war.

The recent... More

Lucid Group (LCID) responds to competitor price cuts with new EV credit

February 9, 2023 10:32 AM EST

American electric vehicle maker, Lucid Group, Inc. (NASDAQ: LCID) announced Thursday that, starting today, new customers can receive a $7,500 EV credit when they purchase a new Lucid Air. The limited time offer is available for select configurations of Lucid Air Touring and Air Grand Touring models purchased by March 31, 2023.

"We think... More