Presently no, you cannot buy stock in Lucid Motors, but you will be able to purchase shares in any future IPO. What is the Lucid Motors Stock Symbol, Lucid Motors Ticker? [10], The company rebranded to Lucid Motors in October 2016 and officially announced its intent to develop an all-electric, high-performance luxury vehicle. “We see huge, long-term value for Lucid.”, To contact the reporters on this story: Craig Trudell in New York at ctrudell1@bloomberg.net;Gabrielle Coppola in New York at gcoppola@bloomberg.net;Emily Chang in San Francisco at echang68@bloomberg.net, To contact the editors responsible for this story: Craig Trudell at ctrudell1@bloomberg.net, David Welch, More room to grow for precious metals: Derivatives strategist, Netflix could set the stage in lowering guidance for FAANGs as we enter Q3: Synovus Trust's Morgan, McCreath: Tech stocks continue to drive markets higher, Croxon: Regulation is the biggest threat to FANG stocks, 5G will initially be 'a disappointment' for Apple: Loup Ventures' Gene Munster, Craig Trudell, Gabrielle Coppola and Emily Chang.

The factory was then to be designed to support a maximum capacity of 380,000 cars per year. [6], Some of Lucid's 500 employees as of 2016[update] had previously worked at other car companies such as Tesla and Mazda, including Peter Rawlinson, the former VP of Engineering at Tesla,[4] and Derek Jenkins, the former Head of Design at Mazda North America Operations. Website. Start Here, 30-day free trial with this exclusive link, The Little Book of Common-Sense Investing.

“We want to grow this business. [9] Venrock, Mitsui, and JAFCO are still current investors in the company. Lucid landed a $1 billion investment by Saudi Arabia’s sovereign wealth fund in September, clinching long-sought funding that’s crucial to getting its first model, the Air sedan, into production. Rawlinson, who was chief engineer of the Model S when he worked for Tesla Inc., said on Bloomberg Television that Lucid has developed world-class technology that traditional automakers lack and could benefit from. For more details on financing and valuation for Lucid Motors, For more details on valuation for Lucid Motors, Register or Login, Lucid Motors unveils a $69,900 version of its long-range, luxury electric sedan, Inside Lucid Motors' plan to take on Tesla, Lucid Motors reveals Lucid Air luxury electric car with 517-mile range aimed at Tesla, Bernard Tse - Chief Executive Officer, Board Member & Co-Founder, Peter Rawlinson - Chief Executive Officer, Chief Technology Officer & Vice President. 27 Posts . [31], Lucid is collaborating with Amazon to build in compatibility with Amazon's voice assistant Alexa, allowing drivers to use the voice assistant for navigation, phone calls, media streaming, smart home control and more while driving. He declined to identify the carmakers Lucid is having talks with and said the company won’t do an initial public offering until after the Air is in production. The company isn’t mulling a potential sale, Chief Technology Officer Peter Rawlinson said in an interview. Car photo courtesy of the Lucid Motors, Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on Pinterest (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to email this to a friend (Opens in new window). ... IPO Status.

Lucid Motors debuted the production version of the Lucid Air, a luxury electric car with more than 500 miles of range aimed at competing with Tesla. (Bloomberg) -- Lucid Motors Inc. is in talks with automakers about potentially sharing its electric-vehicle technology and plans to go public in a few years, a senior executive said.

", "Electric car factory planned in Arizona to have 2,000 workers", "Lucid Motors Has A 1000HP Tesla Challenger; Now To Find The Cash To Build It", "Tesla rival Lucid Motors plans Casa Grande plant", "Electric Cars Are About to Start Rolling Out of the Arizona Desert", "Casa Grande preparing for Lucid's high-dollar Arizona car factory", "Lucid Signs $1bn+ Investment Agreement with Public Investment Fund of Saudi Arabia", "Lucid Motors signs investment agreement with PIF, valued at over a billion dollars", "Lucid Motors gets real as Saudi funding comes through", "Lucid Motors Begins Construction Of Arizona Factory", Lucid Motors debuts luxury EV set to take on Tesla, "Lucid reveals design for its luxury Air sedan, a Tesla competitor", "Name Change: EV Automaker Atieva is Now Lucid, Teaser Photos Revealed - Motor Trend", "Rarefied Air: Lucid's New Car Just Might Be the Real Deal", "Tesla's head of production is going to EV startup Lucid Motors", "Lucid in Talks to Partner With Carmaker, Plans IPO in Few Years", "Lucid Motors to unveil production Air electric car with pricing and specs on Sept 9", "Lucid Motors' autonomous tech in its all-electric sedan will be powered by Tesla's former partner Mobileye", "Testing Without Limits: Lucid Air Hits 235 mph", "Lucid challenges Tesla with a luxury EV sedan that has a record 517 miles of range per charge", "Lucid Air is a 500-mile range Tesla rival that charges in just minutes", "Start-up Lucid Motors launches with 300-mile plus premium electric sedan", "Would-Be Tesla Rival Lucid Motors Inks Battery Supply Pact With Samsung SDI", "Lucid Partners With LG Chem on Battery Cells", "Formula E's new race season starts this weekend, with much-improved Gen 2 car", "Three-way partnership for Formula E battery supply", "Lucid (Formerly Known as Atieva) Will Be the Sole Battery-Pack Supplier for Formula E", http://legal.fia.com/web%255Cappeloffre.nsf/E93EA1FEBD58EBA2C1257F7300593D40/$FILE/2016%252003%252011%2520ITT%2520FE%2520battery%2520system%2520(3).pdf?openelement, "Lucid Will Be the Sole Battery-Pack Supplier for Formula E Racing", "Lucid Motors to Use Electrify America Charging Network for Its Air Electric Car", "Tesla Model S vs. Porsche Taycan: Survey Reveals Clear Winner Among EV Buyers", "Lucid Air gets over 300-kW fast charging, V2G home charging", Lucid Motors first car appearance in LA Auto Show, Toyota Motor Engineering & Manufacturing North America, List of automobiles manufactured in the United States, National Highway Traffic Safety Administration, https://en.wikipedia.org/w/index.php?title=Lucid_Motors&oldid=986340004, Electric vehicle manufacturers of the United States, Motor vehicle manufacturers based in California, Manufacturing companies based in California, Vehicle manufacturing companies established in 2007, Manufacturing companies based in the San Francisco Bay Area, Articles with dead external links from March 2020, Articles with permanently dead external links, Articles containing potentially dated statements from 2016, All articles containing potentially dated statements, Articles containing potentially dated statements from November 2016, Wikipedia articles needing clarification from October 2020, Creative Commons Attribution-ShareAlike License. The company plans to start construction of a plant in Arizona this spring and begin building the car in late 2020. [7][24][25] Lucid later planned to start production in 2020,[26][27][28] but at the production unveil in September 2020 announced a delay to spring 2021. Opening an account with a broker that provides access to IPOs does not entitle the customer allocations of specific IPOs. A Lucid Motors  vehicle sits on display during the 2017 New York International Auto Show. Buy Stock in the Lucid Motors Initial Public Offering (IPO), 3.
A car that is intuitive, liberating, and designed for all the ways people get around. Lucid in Talks to Partner With Carmaker, Plans IPO in Few Years Craig Trudell, Gabrielle Coppola and Emily Chang , Bloomberg News (Bloomberg) -- Lucid Motors Inc. is in talks with automakers about potentially sharing its electric-vehicle technology and plans to …

A car that is intuitive, liberating, and designed for all the ways people get around. Based on share count and valuation, the price could range from $3-10 per share. Lucid was founded in 2007 under the name Atieva and originally focused on building electric vehicle batteries and powertrains for other vehicle manufacturers.

That’s the thing. [16][17] The investment was completed in April 2019. Discussion Starter • #1 • 2 d ago. Lucid was founded in 2007 under the name Atieva. Rawlinson, who was chief engineer of the Model S when he worked for Tesla Inc., said on Bloomberg Television that Lucid has developed world-class technology that traditional automakers lack and could benefit from.

Lucid Motors, Inc. (formerly known as Atieva)[4] is an American automotive company specializing in electric cars. [20], Lucid mainly developed battery technology in its early years, but began development of its first car in 2014. Can you Buy Lucid Motors Stock? [7] The company has seen investments from Tsing Capital, Mitsui, Venrock, JAFCO, and others,[7][8] providing an estimated US$131 million by 2016. See the full disclosure, Disclosure: This web page contains affiliate links from our partners. CNBC spoke to Lucid CEO Peter Rawlinson, a former Tesla chief engineer, to learn about the company's plan to take on the electric-car pioneer. [5] As of 2020 its first car, Lucid Air, is in development. “We’re actually currently in dialogue with companies that are interested in our technology,” Rawlinson said at the BloombergNEF Summit in San Francisco. [30], On August 11, 2020, it was announced that the car is expected to have with an estimated EPA range of 517 mi (832 km) on a single charge. “If there is an opportunity for partnership with some way that doesn’t dilute our brand and is beneficial, then that would be ultimately a board decision.”. The company plans to start construction of a plant in Arizona this spring and begin building the car in late 2020. I came across this article from last year that talks about Lucid planning to go public in a few years. Post was not sent - check your email addresses!

Prices start at $60,000 with the Lucid Air offering an impressive 400-mile range, a top speed of 200 miles per hour, and a claimed zero-to-60-mph time of just 2.5 seconds. The company’s first product, the Lucid Air all-electric sedan, is not yet available but the company lists specifications to include a 400-mile single-charge range and autonomous capabilities. The company was founded in 2007, and is based in Newark, California. Custom site by. He declined to identify the carmakers Lucid is having talks with and said the company won’t do an initial public offering until after the Air is in production. This version of the Lucid Air will have 408 miles of range. England Virus Lockdown May Be Extended Beyond December, These Are the Airlines Teetering on the Brink of Covid Ruin, U.S. Equities, Crude Oil Gain Ahead of Election: Markets Wrap, Jack Ma Gets a Warning From China on Ant’s Rapid Expansion, Fund Manager Nightmare Is Biden Without Blue Wave Congress. Will Lucid be a Motley Fool Stock Advisor Recommendation? Craig Trudell, Gabrielle Coppola and Emily Chang, Bloomberg News. The company was founded in 2007, and is based in Newark, California.
The company isn’t mulling a potential sale, Chief Technology Officer Peter Rawlinson said in an interview. Before it's here, it's on the Bloomberg Terminal. Some sort of short-term move of a sale is just not on the agenda for me or any of the team,” he said. Image source: Lucid Motors.

About Lucid Motors Stock Lucid Motors sets out to create a car that elevates the human experience and transcends the perceived limitations of space, performance, and intelligence.