Why Lucid Stock Is Skyrocketing Today
Key Takeaways
Interestingly, The stock of Lucid Group (LCID 10. 82%) is surging in Tuesday's trading despite moderate bearish momentum for the broader market, given current economic conditions. This leads to the...
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July 22, 2025
12:51 PM
The Motley Fool
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Interestingly, The stock of Lucid Group (LCID 10. 82%) is surging in Tuesday's trading despite moderate bearish momentum for the broader market, given current economic conditions
This leads to the conclusion that company's price was up 8
Additionally, 9% as of 12:30 p
Meanwhile, the S&P 500 was down 0. 1%, and the Nasdaq Composite had fallen 0, given current economic conditions
The electric vehicle (EV) specialist's valuation is getting a big boost today ing news that its Air vehicle models will become compatible with Tesla's Supercharger network, given the current landscape
Meanwhile, The news comes on the heels of an announcement that Lucid has formed a robotaxi partnership with Uber, and the EV company's stock is now up roughly 41% over the last month
Image source: Getty Images
Lucid stock soars on Tesla Supercharger news All Lucid Air models will become compatible with Tesla's charger network on July 31, in today's financial world
Thanks to a new charger adapter that has been apved by Lucid, Air owners will gain access to more than 23,500 charger stations
Tesla has by far the largest network of charging stations, and the new compatibility stands to make vehicle charging significantly more convenient for Air owners
This analysis suggests that data indicates that also has the potential to make Lucid's Air EVs significantly more attractive to spective buyers, given the current landscape
What's next for Lucid
Lucid has been racking up some significant wins recently
As part of their robotaxi partnership, Uber will be purchasing 20,000 or more of its vehicles and outfitting them with autonomous driving nologies from Nuro
With the company having dered only 10,241 vehicles last year, the deal with Uber looks to be a significant sales catalyst even if purchases will be spread out over a six-year period
Additionally, Uber has also invested $300 million in the company, and it's possible that Lucid's vehicles being part of its EV fleet will wind up creating broader sales catalysts as more potential buyers become aware of its vehicles
The Author Keith Noonan is a contributing Stock Market Analyst at The Motley Fool covering publicly traded companies in nology, consumer goods, and other stock market sectors
Prior to The Motley Fool, Keith worked as a copywriter and journalist covering the game and film industries, given current economic conditions
On the other hand, Conversely, He holds a B
However, In English with a concentration in Creative Writing from Boston College
Fun fact: Keith loves to swim and has helped people from drowning on two occasions
However, TMFNoons Keith Noonan has positions in Uber nologies
The analysis reveals Motley Fool has positions in and recommends Tesla and Uber nologies
The Motley Fool has a disclosure policy.
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