Lucid Motors goes public, grabs $4.4 billion and loses its last excuse

Lucid Motors has gone public, listing as $LCID on the NASDAQ and raising $4.4 billion as it heads into the final countdown for producing and selling its Air all-electric luxury sedan. It’s been a tumultuous journey for the automaker from its founding in 2007 to here, and the clock is ticking for Lucid to prove it really can disrupt the EV status-quo as it has long claimed it will.

We first saw the Lucid Air back in late 2016, and since then the automaker’s claims haven’t exactly been coy.

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