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Lucid offers special discounts for Tesla owners
Week 12- 2025
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News of the Week
Lucid Motors in the Middle East: Insights from Faisal Sultan
Faisal Sultan, the Vice President and Managing Director for Lucid Motors in the Middle East, confidently outlines the company's promising future and expansion plans in Saudi Arabia. The discussion highlights Saudi Arabia's current position in the electric vehicle market and its bold objectives for 2030. Sultan also shares insights into Lucid Motors' strategic vision for growth in the region.
Lucid wins another award - this time for Best Green Innovation.
This week, Lucid proudly announced that they have been honored as the recipients of the prestigious AJAC (Automobile Journalists Association of Canada) award for Best Green Innovation. This accolade recognizes their outstanding contributions to advancing environmentally friendly technologies within the automotive industry. The award highlights Lucid's state-of-the-art electric powertrain, which exemplifies the pinnacle of innovation and and has created the most efficient vehicle for sale in Canada today.
Watch the video below - Credit to Lucid Oasis for finding this!
“Second to none.” That's how @AJACanada describes @LucidMotors' technology, with the Lucid Air Pure powertrain winning the Best Green Innovation award. 🏆
— Lucid Oasis (@LucidOasis)
2:05 AM • Mar 20, 2025
Lucid Gravity Touring available for Order in the Middle East
Lucid sent out RSVP to a special event at the end of this quarter
New information about the event has come out. It will be held at the Lucid Studio Meatpacking in New York City. A private event is scheduled for Thursday, March 27th, from 7 to 8:30 PM, with an after-party afterward. From March 28th to 30th, there will be activities at the Lucid Studio throughout the weekend. I think they might reveal the Lucid Gravity Pure then, especially since orders recently started in the Middle East. What do you think?
Check the March Calendar for ongoing and Upcoming Lucid Events
Youtube Video of the Week
This week's YouTube video is by JoshWest247. He got an exclusive look inside the Lucid Gravity at the Toronto Auto Show last month. Josh is a great person who contributes a lot to the electric vehicle community. Be sure to subscribe to his channel to support him.
Stock-related news!
Morgan Stanley upgraded $LCID ( ▲ 4.31% ) this week from equal weight to underweight with a price target of $3.00. Here is what Morgan Stanley had to say.
“The firm believes that Lucid can re-rate with new leadership that has the potential to b ring forth and executable AI strategy via partnerships.
Here's an updated chart showing the latest price targets.
Source - Tipranks
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