Lucid Launches Cheaper Gravity SUV Amid EV Slowdown, Trims Production Outlook to 18,000 Units.

Lucid Group's shares plummeted to an all-time low after launching the Gravity Touring SUV at $79,900. The company trimmed its full-year production outlook to 18,000 vehicles due to weaker demand and supply constraints. Some Stocktwits users believe Lucid should focus on premium models, while others expect the stock to rebound as Gravity deliveries ramp up.