While Lucid is likely to give back some of Thursday's large gains, there's little stopping Lucid's stock from climbing higher as deliveries ramp for the Gravity -- especially if the automaker can curb costs and cash burn in the year ahead.

Uber stock is lower for a seventh straight day despite announcing a plan to launch a new robotaxi service with Lucid, Nuro.

Lucid (LCID) shares are up more than 40% at the time of writing after Uber Technologies (UBER) said it will invest $300 million in the EV maker as part of a broader robotaxi agreement signed today. Uber will also invest in Nuro,