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Shares of Lucid Group Inc (NASDAQ:LCID) are falling Monday afternoon as a macro-driven selloff across growth equities overshadows recent operational progress. Here’s what investors need to know. Lucid Group shares are retreating from recent levels. Why are LCID shares down? Automotive Tariff Threats and Macro Pressures Drag Lucid Lower Risk appetite across growth equities took a hit Monday after President Donald Trump announced plans to impose 50% tariffs on Canadian auto imports starting in 202
(Bloomberg) -- Saudi Prince Alwaleed bin Talal Al Saud has acquired a $129.5 million stake in Lucid Group Inc., a much-needed vote of confidence in the electric vehicle maker weeks after it fended off rumors of an impending bankruptcy.Most Read from BloombergChip Rout Deepens on Circular Funding, China Competition FearsNvidia’s $750 Billion in Deals Reignite Circular AI FearsCitadel Securities Sees Warsh Delivering Surprise Fed HikeASML Slides on Report of China Starting DUV Tool ProductionDeepS
U.S. EV sales fell 27% in Q1 2026 after federal tax credits ended, creating diverging outlooks for Rivian, Lucid, and Tesla amid continued global EV growth.