Lucid Group (LCID) August weekly 7 straddle into quarter results
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Lucid (LCID) slashes prices of Air Sedan as competition heats up
August 7, 2023 8:27 AM EDTAmerican luxury electric automaker, Lucid Motors (NASDAQ: LCID) announced over the weekend, significant price reductions of their Air luxury sedans by as much as $12,400. The cuts come in response to the increasing competition within the U.S. electric vehicle (EV) industry, triggered by a price war initiated by Tesla (NASDAQ: TSLA).
Specifically, Lucid Motors reduced the price of the Air Pure variant by... More
