A 1-for-10 reverse stock split simply means Lucid will reduce its outstanding shares by a factor of 10, essentially combining 10 old shares into one new share. The stock price will then be multiplied ...

Per the terms of the deal, Uber will invest $300 million into Lucid to help the company build a reported 20,000 (or more) vehicles over the next six years. These vehicles will come equipped with ...

Key Points Lucid claims to have the world's most advanced electric vehicles.Uber will invest $300 million into Lucid.Lucid will use tech provided by Nuro to outfit its vehicles for driverless Uber ...