Lucid (LCID) stock plunged over 50% amid reports the EV maker is considering Chapter 11 bankruptcy or a take-private deal advised by AlixPartners. The post Lucid (LCID) Stock Plunges Over 50% Amid Bankruptcy Speculation appeared first on Blockonomi ... .
Lucid shares sank July 14 after a�news report�said the EV maker is� weighing options that include filing for bankruptcy protection or going private ... .
Companies like Rivan and Lucid could be exempt from the price caps that bar EVs from qualifying for California's new incentive program ... Rivian is headquartered in Irvine, while Lucid is based in Newark.