Lucid Motors signed a deal with Uber to provide at least 20,000 self-driving EVs over six years. Uber is investing $300 million in Lucid. The stock initially rose but later fell. Production is expected to begin by the end of 2026, with vehicles delivered over six years. Lucid’s stock rally was short-lived due to investor concerns about cash flow. The deal is seen as positive for Lucid due to the potential benefits of showcasing their vehicles in Uber’s upscale robotaxi service.

Read more at Yahoo Finance: Is Lucid’s $300 Million Deal With Uber a Buying Opportunity for Investors?