Shares of Lucid Group are down roughly 10% in midday trading Thursday, slipping to $6.22 from a prior close of $6.91, putting the struggling EV maker's market capitalization at roughly $2.31 billion.
Uber has announced plans to roll out a fleet of 20,000 self-driving taxis after striking a landmark $300 million deal with electric vehicle maker Lucid Group, marking a major leap forward in its autonomous ride-hailing ambitions.