Tesla is so fast that it will rise quickly and become two rivals, surpassing Ford and approaching Ge

The electric vehicle startup $Lucid Group(LCID.US)$ , which is accused of being a rival of $Tesla(TSLA.US)$ , has achieved a good stock price, rising by more than 20%, and its market value has risen to 89.87 billion US dollars, surpassing Ford (US: F)'s 79 billion US dollars. , Almost equal to the 90.9 billion US dollars of General Motors (US: GM). Lucid shares closed at 55.52 US dollars, up 23.7%, before the market rose nearly 7.5% to 59.68 US dollars.

$Lucid Group(LCID.US)$ executives expressed optimism about the prospects, emphasizing the increase in bookings for its first model, Lucid Air, and plans to expand the production of its Arizona plant. Lucid pointed out that customer bookings have exceeded 17,000, higher than the 13,000 in the third quarter, and confirmed the production target of 20,000 next year.