Key Takeaways Lucid shares jumped 36% Thursday on news the EV startup is partnering with self-driving software maker Nuro and rideshare giant Uber Technologies to bring a new group of robotaxis to Uber's platform.

Lucid proposes a 1-for-10 reverse stock split to boost investor appeal. Lucid teams with Uber and Nuro to launch global premium robotaxi service. Live Sunday: Matt Maley’s Volatility Trading Plan for Earnings,

Image source: Lucid Group. Big news for Lucid, or just a head fake? Lucid joined ride-sharing leader Uber Technologies and self-driving technology company Nuro in announcing a new partnership yesterday. The companies plan to deploy at least 20,000 Lucid ...

With the ability to cover up to 450 miles on a single charge, the Gravity SUV is expected to function well as a robotaxi, since it will need less downtime for recharging. This way, vehicles will be available for riders more often. Tesla ’s own Model Y is being used as the brand’s robotaxi, but that has nowhere near the range of the Lucid Gravity.