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Stock impact report

Lucid's big SUV arrives with high expectations, and big risks [CNBC]

Lucid Group, Inc. (LCID) 
Company Research Source: CNBC
The Gravity is a three-row SUV starting at around $79,900, its first offering in the more popular sport utility segment. The rollout has been beset by challenges like supply chain shortages. It plans to release a second SUV with a lower price tag around $50,000. In this article Lucid Motors gets rave reviews from critics. But it's sorely lacking customers. That's a problem the company can't afford. The Arizona-based EV maker has top-shelf tech, deep-pocketed backers, and highly praised cars . However, it has struggled to meet production targets, and has been unable to steal the spotlight away from established luxury brands with century-old pedigrees. Lucid is ramping up production of its high-end, three-row, Gravity SUV, though it has sold only a few hundred units so far in 2025. The Gravity's production ramp has faced a slew of challenges, primarily supply chain shortages. Yet the company already has plans for another vehicle aimed more at the middle of the market, w Show less Read more
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