The Lucid car stock price change fell 2.2% as broader markets reacted to inflation data. Equity strategists caution that luxury EV segments are more price-sensitive during tightening monetary cycles. However, Citi is correct that Lucid's technology stands out in a crowded industry as its Air sedans have the longest range of any EV on the market. It has won several awards, including the 2023 World Luxury Car of the Year. It also licenses its technology to Aston Martin, and licensing could prove to be a more viable business model for the company. Lucid could also make for an intriguing acquisition target for a luxury carmaker. Lucid Group (NASDAQ: LCID) , an advanced electric vehicle manufacturer, has announced a 1-for-10 reverse stock split following approval from both its Board of Directors and stockholders. The reverse split will take effect on August 29, 2025 , with split-adjusted trading beginning on September 2, 2025. Lucid car stock price change decreased by 1.3% as supply chain challenges re-emerged in semiconductor procurement. Industry insiders suggest this could be a temporary hurdle if alternative sourcing is secured.
