US Stock Market Move | Delivery of the electric SUV Gravity Lucid Group (LCID.US) surged over 10%

The stock price of Lucid Group (LCID.US) is rising, as of the time of writing, the stock is up over 10%, trading at $3.46. On the news front, the company announced on social media that they have started delivering their latest product, the electric SUV Gravity, to customers over the weekend. Lucid started taking orders for the Gravity last month. Currently, the Deluxe Corporation travel version of this SUV starts at $94,900. The company had previously stated that the lower-priced travel version will start production by the end of 2025, with a starting price of $79,900.