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Lucid

Every EVXL story tagged “Lucid” — newest first.

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May 10
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Tesla

Used Tesla Prices Plummet as Resale Values Hit Record Lows in 2025

The electric vehicle (EV) market is facing a turbulent shift as used Tesla resale values have taken a sharp dive in 2025, driven by a mix of oversupply, consumer sentiment, and industry-wide depreciation trends. According to a recent Forbes report, Tesla owners are grappling with a steep 27% year-over-year drop in resale value, making now…

Tesla

Wedbush Analyst Raises Tesla Price Target to $500, Cites Autonomous Driving Boom

Wedbush analyst Dan Ives boosted Tesla’s price target from $350 to $500, spotlighting the electric vehicle giant’s leadership in autonomous driving technology as a key driver for growth. In an interview with Bloomberg, Ives shared his bullish outlook, emphasizing Tesla’s pivotal role in the AI and autonomy revolution—a development that could reshape the EV industry…

Tesla

JP Morgan Boosts Tesla Stake by 9.5% as EV Investments Surge

J.P. Morgan Chase increased its stake in Tesla by 9.5% (or 3.43 million shares) in the first quarter of 2025, according to its latest 13F filing with the SEC. The asset manager held 39,415,548 shares in Tesla as of March 31, 2025, a position worth approximately $13.7 billion. This move underscores J.P. Morgan’s continued confidence…

Lucid Gravity: Revolutionizing the EV Space with Unmatched Range and Style
Audi

Lucid Pushes for Saudi Tariffs to Bolster Domestic EV Manufacturing

Lucid Group Inc., backed by Saudi Arabia’s sovereign wealth fund, is advocating for tariffs on foreign vehicles to strengthen the kingdom’s nascent auto manufacturing sector and reduce its heavy reliance on imports. Interim CEO Marc Winterhoff stressed the urgency of such measures during an interview at the Saudi-US Investment Forum in Riyadh, stating, “Not doing…

Tesla

Tesla Investor Ron Baron Predicts 10x Stock Growth, Urges Musk to Focus on Innovation

Tesla shareholder Ron Baron, founder of Baron Capital, remains a steadfast supporter of the electric vehicle (EV) giant, projecting a potential 10-fold increase in Tesla’s stock value. Speaking at the Economic Club of New York on May 13, 2025, Baron shared his optimism about Tesla’s future while offering pointed advice for CEO Elon Musk, emphasizing…

Honda

Honda, Chevrolet Surge as Tesla’s EV Trust Falters in 2025 Consumer Survey

A new Electric Vehicle Intelligence Report (EVIR) reveals shifting consumer perceptions in the U.S. electric vehicle (EV) market, with Honda, Chevrolet, and Ford gaining ground as Tesla’s brand reputation weakens. Based on a survey of over 8,000 U.S. consumers, the report highlights practical concerns like range and charging infrastructure driving EV purchase decisions, while Tesla…

Tesla

Lehigh County Pension Fund Halts New Tesla Stock Purchases Amid Elon Musk Controversy

Lehigh County, Pennsylvania, has become the first known U.S. pension fund to stop buying new Tesla stock, citing concerns over CEO Elon Musk’s political activities and the company’s declining financial performance. According to a Business Insider report, the county’s pension board, which manages $500 million in assets, voted 4-2 on May 6, 2025, to pause…

Porsche

Huawei’s Maextro S800 Interior Unveiled: A Luxury EV That Outshines Rolls-Royce

Huawei’s new luxury electric sedan, the Maextro S800, has officially revealed its interior, setting a new benchmark in the EV market with a cabin that surpasses even the iconic Rolls-Royce Phantom in tech and luxury. Launched under Huawei’s HIMA subsidiary, the S800 combines cutting-edge technology with opulent features, positioning it as a serious contender in…

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