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‘Lucid’s New Car Could Help It Become Next Tesla’ – Barron’s

Lucid's New Car Could Help It Become Next Tesla | Barron's (barrons.com) Luxury electric-vehicle maker Lucid Group LCID +2.54%  announced new cars, including one that
byBenzinga Newsdesk
November 15, 2022
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Lucid’s New Car Could Help It Become Next Tesla | Barron’s (barrons.com)

Luxury electric-vehicle maker Lucid Group LCID +2.54%  announced new cars, including one that could be key as the company tries to become the next Tesla TSLA +3.86% 

Lucid (ticker: LCID), on Tuesday, announced a rear-wheel drive “Air Pure” sedan for 2023. That will be the lower-priced version of the all-wheel drive Air Pure that will start to ship this year.

 
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With food inflation still surging, up 8% for the twelve months ended August, and the Russia-Ukraine war adding to global food constraints, it's easy to see why restaurant brands and operators are experiencing diminishing margins on their bottom line.

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