Lucid rallies on more reports that former Tesla owners are switching to the brand

La Jolla, CA: Lucid Motors Showroom at Westfield UTC Mall

JannHuizenga

Lucid Group (NASDAQ:LCID) rallied 7.5% in late morning trading on Tuesday. The EV stock has outperformed many automaker rivals this year, amid reports that the company is taking advantage of consumer backlash against Tesla (TSLA).

Notably, interim CEO Marc Winteroff told Fox

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