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Lucid Falls 6% After Gravity GT-S Reveal, Rivian Drops 5%

Lucid Motors logoLucid Motors
Sig2.29Sen-5.19Env0.00Soc0.00Gov0.00
Rivian logoRivian
Sig1.35Sen-4.80Env0.00Soc0.00Gov0.00

Lucid shares fell 6% to $4.93 as the company unveiled its 2027 Gravity GT-S, reviving a 1,070-horsepower drivetrain. Investors instead weighed a Cosmos schedule slip, with the $50,000 target and a $128,000 three-row crossover viewed as not addressing production, cost, and cash concerns. Rivian shares were down 5% on the day.

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