guac: "Lucid Motors agrees to go public with $24 billion valuation https://www.autonews.com/technology/lucid-motors-agrees-go-public-24-billion-valuation"

Lucid Motors agrees to go public with $24 billion valuation autonews.com/technol...

Lucid Motors valuation soars to $62 billion

publisher

date published

Tuesday February 23rd, 2021

summary

Lucid's first electric car, the luxury Air, won't go into production until late 2021, later than the spring 2021 launch initially planned, the company said. Lucid is not expected to be cash-flow positive until 2025.