Lucid's shares fall after company launches a cheaper version of the Air EV to boost demand

Lucid's shares fall after company launches a cheaper version of the Air EV to boost demand

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The Lucid Air Pure is the least-expensive version of Lucid's electric Air luxury sedan. Shares of Lucid Group were lower in early trading Thursday after the company launched a cheaper version of its Air electric luxury sedan in a bid to stoke demand. The stock was down about 9% as of noon ET on…

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