Essentially, Lucid will consolidate its shares, and investors will receive one new share for every 10 of the old shares, and ...

The stock's massive declines prompted the recently announced proposal. Then, a huge announcement sent shares soaring.

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 ...

Lucid Revs Its Engine Lucid Group (NASDAQ:LCID) saw its stock soar 36% to $3.12 per share following a $300 million ...

“Autonomous vehicles have enormous potential to transform our cities for the better,” says Dara Khosrowshahi, CEO of Uber.

As part of a deepening relationship with each partner, Uber plans to make multi-hundred-million dollar investments in both ...

Uber Technologies Inc. on Thursday unveiled a three-way partnership with an Arizona component to develop a “next generation” ...

Lucid's share price is on the move. Here's what its partnership with Uber and Nuro means for the future of transportation.

Lucid Group partners with Uber and Nuro to deploy Gravity EVs as robotaxis, boosting delivery scale and entering the ...

Nuro, Inc. (“Nuro”), and Uber Technologies, Inc. (NYSE: UBER) (“Uber”) today announced a next-generation premium global robotaxi program created exclusively for the Uber ride-hailing platform.

Lucid proposes a 1-for-10 reverse stock split to boost investor appeal. Lucid teams with Uber and Nuro to launch global ...

Uber Technologies Inc. is teaming up with electric vehicle maker Lucid Group Inc. and self-driving tech startup Nuro to ...