Lucid Group's Sales Lag, Wolverine Dumps 3.5 Million Shares

Wolverine Asset Management reduced its Lucid Group (LCID) stake by 3.5 million shares in Q4 2025, worth approximately $56.28 million based on the average Q4 stock price. The sale leaves Lucid at 1.4% of reported 13F AUM. Lucid shares are down 59.3% over the prior year, lagging the S&P 500 by 73.6 percentage points. The company's recent launch of its first new electric vehicle, the Gravity SUV, aims to expand its market, but slow sales have drained Lucid's finances.