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Lucid (LCID) CEO claims EV maker is ‘most immune’ if Trump cuts the tax credit
If you ask Lucid (Lucid) CEO Peter Rawlinson, the company is the “most immune” EV maker if President-elect Donald Trump cuts the federal tax credit for electric cars. Despite the claim, Lucid’s stock is hitting a new all-time low at under $2 a share.
EV Companies, Battery Makers Urge Trump Not to Kill Vehicle Tax Credits
A group representing major electric vehicle and battery manufacturers on Friday urged President-elect Donald Trump not to kill tax credits for electric vehicle sales and production, citing the impact on key states that voted for the Republican.
US EV Tax Credit Will Be Eliminated, Trump Transition Team Reportedly Says
The tax credit, which has given back up to $7,500 to eligible EV buyers, may disappear under the new administration.
Ford, GM move lower after report of Trump killing EV tax credit
GM move lower after report of Trump killing EV tax credit Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders’ Hot Stocks on Ti
Donald Trump Deals a Blow to EV Tax Credits
Good morning. Automakers slump amid Donald Trump’s plans to repeal an electric vehicle subsidy. ESG investing is entering rough seas. And a missing Patek Philippe owned by John Lennon is headed back to its rightful owner: Yoko Ono.
Trump may end $7,500 EV tax credit: report
Reuters is reporting that President-elect Donald Trump’s transition team is weighing the elimination of the $7,500 tax credit for buyers of electric vehicles. The tax credits were created by the Biden administration,
Stocktwits on MSN
1d
Lucid Stock Hits Record Low As Air Sedan Recall Piles On Worries Over Trump’s EV Policy: Retail Stays ‘Bearish’
Shares of Lucid Group Inc. ($LCID) fell over 6% in midday trading on Friday, hitting an all-time low of $1.93, following a ...
2d
Where Will Lucid Be in 1 Year?
Where Will Lucid Be in 1 Year? was originally published by The Motley Fool This unique stock split boasts a laundry list of ...
3d
on MSN
Drivers are being 'ill-served by underwhelming EVs,' says boss of Tesla rival Lucid
Lucid CEO Peter Rawlinson told the Cars and Culture podcast that the problem with EVs in the US was "not perception, but ...
TopSpeed
4d
Here’s How Much A Lucid Air Depreciates After 2 Years
Does this elevated EV hold its value, or is it destined to lose a lot of value? Come explore this breathtaking EV and a look ...
4d
Why Lucid Stock Is Falling Today
Lucid reported third-quarter financial results last week and had a net loss of $992 million. The company is trying to ...
Hosted on MSN
1d
Lucid CEO on New SUV, Trump and Competing With Tesla
Lucid CEO Peter Rawlinson discusses the company's new all-electric Gravity SUV, what a second Trump administration means for Lucid and competing with Elon Musk's Tesla on "Bloomberg Open Interest." ...
IndustryWeek
3d
Luxury EV Market: Lucid Motors vs Faraday Future
Lucid has built a solid customer base, as evidenced by its recent third-quarter report: a 90% increase in deliveries ...
4d
EV Makers Rivian & Lucid Lost 2 Billion In The 3rd Quarter
Losses of 2 Billion dollars combined is a tough pill to swallow, but it took Tesla 14-years to turn a profit. Rivian lost a ...
9d
on MSN
Lucid Motors starts taking orders for its existential Gravity SUV
Lucid Motors has officially started taking orders for its electric Gravity SUV, a critically important vehicle that's ...
Car and Driver
4d
The Lucid Air Auditions for the California Highway Patrol
Car
and Driver reached out to
Lucid
for a full list of modifications, but we haven't yet heard back from the
company
.
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