While Tesla and Waymo continue to dominate the robotaxi conversation, Lucid enters the fray with a $300 million joint venture with Uber and Nuro.

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 ...

Tesla faced declining Cybertruck demand and sluggish U.S. sales, while Uber made bold moves into autonomous driving.

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 ...

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