Lucid CEO Peter Rawlinson remains confident in the company's resilience amid concerns that President-elect Donald Trump may eliminate federal tax credits for electric vehicles (EVs). Despite this assurance, Lucid's stock reached an all-time low of under $2 per share on Friday, reflecting broader market unease.
Derick Munoz is a journalist for EVMagz, specializing in electric vehicles and the automotive industry. With a focus on providing in-depth analysis and breaking news, Derick covers topics such as new electric vehicle models, battery technology, government regulations, and market trends. His articles aim to inform and engage readers with the latest developments in the world of electric vehicles.