Lucid's new CEO says the EV maker launched cars before they were ready and let customers down

Impact · against what's priced in

Lucid faces a significant negative catalyst as the Cosmos launch is pushed to 2027 and systemic quality failures are admitted. Rivian and Tesla see marginal benefits as their midsize SUV offerings face less immediate competition, though the market had already priced in the basic existence of their respective product launches.

RIVN+0.10

Already priced in

The price assumes

the fact of an R2 launch