Lucid stock fell nearly 6% in premarket trading
Lucid stock fell nearly 6% in premarket trading as Morgan Stanley said ‘sell’.Lucid went public via the SPAC route at the end of July, and the company’s CEO is Peter Rawlinson, a former chief engineer at Tesla. Lucid caters to the luxury EV market and last week confirmed that the first customer delivery of the Lucid Air Dream Edition would take place on Saturday, October 30th. This amounts to an “important milestone,” said Morgan Stanley’s Adam Jonas.Investors certainly agreed. Shares soared ~30