What will happen to Lucid Group shares today?

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Shares of Lucid Group Inc (NASDAQ: LCID) are trading higher Tuesday after the company unveiled its new Lucid Air Grand Touring Performance model and announced deliveries of the Lucid Air Grand Touring have begun.

The new Lucid Air Grand Touring Performance offers 1,050 horsepower and accelerates from 0 to 100 km/h in 2.6 seconds.

Lucid said deliveries to Air Grand Touring customers are already underway and the company expects to ship the Performance model in June.

Lucid offers the longest range and fastest charging electric car on the market. The company’s mission is to inspire the adoption of renewable energy through cutting-edge technologies and create the most exciting luxury electric vehicles that put the human experience at the center.

See also: Why CarMax Stocks Trade Lower

LCID 52 Week Range: $16.12 – $57.75

According to data from Benzinga Pro, the stock was up 2.39% to $22.21 at the time of writing.

Photo: Courtesy of Lucid.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.


This post What will happen to Lucid Group shares today? was original published at “https://www.benzinga.com/news/22/04/26591586/whats-going-on-with-lucid-group-shares-today”

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