lucid motors

The highly anticipated "Saturday Night Live" edition with Elon Musk as host featured comments about Dogecoin, SpaceX, Tesla Inc (NASDAQ: TSLA) and references to The Boring Company. People watching the show will be talking about the skits featuring Musk all week. Viewers may also be...

Luxury electric vehicle maker Lucid Motors Inc has roped in a former executive of Alphabet Inc's (NASDAQ: GOOGL) (NASDAQ: GOOG) self-driving unit Waymo as its chief financial officer, Bloomberg reported on Wednesday. What Happened: The Saudi Arabia-backed EV-maker has named...

Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk has downplayed the role of Lucid Motors CEO Peter Rawlinson with his company previously, saying that Rawlinson was “never” chief engineer at Tesla. What Happened: Musk claimed on Twitter that Rawlinson joined Tesla only after the Model S...

Lucid Motors is set to go public via the special purpose acquisition company Churchill Capital Corp IV (NYSE: CCIV) in an $11.75-billion deal.  Benzinga's Dennis Dick and Mitch Hoch discussed why the company might be the one to watch for a turnaround in the SPAC trade Thursday on...

The U.S. Securities and Exchange Commision released a statement on Thursday signaling that special purpose acquisition companies could receive the same scruitiny as IPOs. Former SEC chairman Harvey Pitt told CNBC's "Squawk Box" Friday that he's not...

Editor's note: this story has been updated with a statement from the Lucid Motors CEO.  One of the most anticipated SPAC mergers of 2021 is the deal to bring Lucid Motors public. The company is launching several luxury electric vehicles and could be a player in mass-produced...

A lawsuit has been filed against electric vehicle startups Rivian Automotive and Lucid Motors in Illinois for selling vehicles directly to consumers in the state. What Happened: The lawsuit was filed by the Illinois Automobile Dealers Association, the Chicago Automobile Trade Association, and other...

Lucid Motors said Monday it has already sold out the Dream Edition, the more expensive version of its upcoming all-electric Air sedan. What Happened: The Dream Edition is also the first version of the Lucid Air luxury sedan. The company has said it is on track to begin delivering the Lucid Air in...

Lucid Motors — focus of one of the most anticipated SPAC mergers of 2021 — is out with some news on its battery plans and images for a new SUV. What Happened: Lucid Motors, which is going public with Churchill Capital Corp IV (NYSE: CCIV), has unveiled plans to put its batteries to...

Lucid Motors CEO Peter Rawlinson told CNBC in an interview on Tuesday that his electric vehicle startup welcomes potential competition from a company like Apple Inc. (NASDAQ: AAPL). What Happened: In an interview on CNBC’s “Mad Money”, Rawlinson suggested there is always room for...

Lucid Motors Inc, which is going public through a merger with the special purpose acquisition company Churchill Capital Corp IV (NYSE: CCIV), has committed to building a potentially expensive plant in Saudi Arabia, the Wall Street Journal reported Tuesday. What Happened: The automaker has not made...

The stock market brought several SPAC merger announcements, rumors and headlines throughout the trading week, as we covered on Benzinga’s "SPACs Attack" show. Here is a look back at the deals announced, some new SPACs to watch and top headlines. SPAC Deals Additive manufacturing...

One of the largest names in the investment banking industry has seen his star power increase with a superstar merger announcement announced this week. Michael Klein has been behind seven SPACs. Most investors now know Klein as the head of Churchill Capital Corp IV (NYSE: CCIV), the company taking...

Churchill Capital Corp IV (NYSE: CCIV), one of the hottest SPACs of 2021, is getting more action Friday morning, with new investors hoping to bring new life to a stock that fell on a deal announcement. What Happened: Barstool Sports founder and popular internet personality Dave Portnoy said in...

The electric vehicle market is expected to touch $985.72 billion by 2027 as traditional automakers and emerging EV companies transform the automotive landscape. The change is being precipitated by factors such as the Biden Administration's push to convert the entire federal fleet to EVs. Here...