Lucid stock price today stands at approximately $3

Lucid stock price today stands at approximately $3.10, down 2% intraday. Traders attribute the dip to cautious sentiment across the Nasdaq, while EV delivery forecasts remain in focus for the next quarterly report. The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. At present, this industry carries a Zacks Industry Rank of 147, placing it within the bottom 41% of over 250 industries. Uber (UBER) also partnered with Lucid in a three-way partnership with Nuro, wherein the ride-hailing giant will buy at least 20,000 Lucid cars fitted with Nuro’s autonomous driving system, which it will deploy in its robotaxi fleet. Saudi Arabia has the option to purchase up to 100,000 vehicles from Lucid, which, if completed, would help buoy the company's deliveries. Lucid stock price today is at $3.14, seeing mild gains supported by favorable analyst upgrades. Sector ETFs tracking EV makers are also in the green, indicating correlated bullish sentiment.