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Lucid Air price increases due to rising raw material costs & supply chain challenges

  • Teslarati faviconTeslarati

    By Maria MeranoMay 5, 2022, 9:54 pm200 pts
    photo of Lucid Air price increases due to rising raw material costs & supply chain challenges imageLucid Motors announced a price increase for its Lucid Air product line after releasing its Q1 2022 financial results. In an 8-K SEC filing, Lucid shared a statement from CEO and CTA Peter Rawilson about the Air’s price increase. “We announced today that we are increasing prices of our vehicles that will go…
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