Why Lucid Stock Is Skyrocketing Today

The stock of Lucid Group (NASDAQ: LCID) is surging in Tuesday's trading despite moderate bearish momentum for the broader market. The company's share price was up 8.9% as of 12:30 p.m. ET. Meanwhile, the S&P 500 was down 0.1%, and the Nasdaq Composite had fallen 0.7%.The electric vehicle (EV) specialist's valuation is getting a big boost today following news that its Air vehicle models will become compatible with Tesla's Supercharger network. 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.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool