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Lucid Stock (LCID) Surges: Here’s Why Investors Are Betting Big Today

Lucid Stock (LCID) Surges: Here’s Why Investors Are Betting Big Today

Author:
tipranks
Published:
2025-10-13 11:29:14
15
1

LCID rockets upward as market momentum builds—ignoring traditional auto sector headwinds and charging toward new territory.

Breaking from the pack

While legacy automakers struggle with supply chains and dated technology, Lucid accelerates past conventional limitations. The stock's surge reflects growing confidence in premium EV adoption—not just another temporary bump.

Power plays and market moves

Investors flock to what actually moves markets: innovation that bypasses yesterday's solutions. They're voting with their capital—and today, they're voting for disruption over incremental improvements.

Another day, another stock riding the EV hype train—because nothing says 'sound investment' like chasing whatever's trending upward this hour.

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Lucid Begins Gravity SUV Deliveries in Canada

On October 11, 2025, Lucid confirmed it had started delivering the Gravity Grand Touring to Canadian customers. The SUV features dual electric motors that produce 828 horsepower and can accelerate from 0–100 km/h in 3.6 seconds.

The vehicle features a built-in NACS port, allowing direct access to Tesla’s Supercharger network without an adapter, and supports fast charging at up to 400 kW. Meanwhile, pricing in Canada starts at CA$134,500 for the Grand Touring trim, with orders now open through Lucid’s online configurator.

By starting deliveries in Canada, Lucid is putting its premium SUV product in a new geography. The MOVE helps the company test product appeal in cold climates and strengthen its brand outside the U.S.

What Is the Price Target for LCID Stock?

Currently, Wall Street has a Hold consensus rating on Lucid Group stock based on eight Holds, two Buys, and two Sell recommendations. The average LCID stock price target of $29.00 indicates 38.23% upside potential from current levels. LCID stock is down 30.5% year-to-date.  

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