Uber Teams Up with Lucid and Nuro to Launch Robotaxis in San Francisco
Uber is entering direct competition with Waymo by launching driverless rides in the San Francisco Bay Area next year, using Lucid Gravity SUVs equipped with Nuro's tech.
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General Motors Takes $1.6 Billion Charge to Right-Size EV Capacity
GM booked a $1.6B charge, reducing its EV production plans. Demand is slower than expected due to gov't ending tax credits and changing rules.
Lucid Hits Speed Bumps: Why Deliveries Missed the Mark and Analysts Are Concerned
Lucid missed Q3 deliveries by ~18%. Stock dropped >9%. Analysts downgraded to "strong sell" citing weak demand, cash burn, and high costs.