{"id":79961,"date":"2021-11-17T01:00:35","date_gmt":"2021-11-17T06:00:35","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=79961"},"modified":"2021-11-17T00:24:28","modified_gmt":"2021-11-17T05:24:28","slug":"ev-start-up-lucids-market-value-blows-past-ford-at-more-than-89-billion-as-shares-skyrocket","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2021\/ev-start-up-lucids-market-value-blows-past-ford-at-more-than-89-billion-as-shares-skyrocket.html","title":{"rendered":"EV start-up Lucid\u2019s market value blows past Ford at more than $89 billion as shares skyrocket"},"content":{"rendered":"\n<p>(CNBC) <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/LCID\" target=\"_blank\">Lucid Group<\/a>\u2019s market value blew past <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/F\" target=\"_blank\">Ford Motor<\/a> on Tuesday to $89.9 billion following a 24% runup in the EV start-up\u2019s stock price after executives told investors that reservations for its first vehicles had jumped and that its production plans for 2022 were still on track. The surge in the stock price also brought Lucid close to eclipsing <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/GM\" target=\"_blank\">General Motors<\/a>, which has a market cap of $90.9 billion.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/11\/16\/lucid-ceo-says-the-company-could-eventually-be-valued-like-tesla.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Lucid Group\u2019s market value blew past Ford Motor on Tuesday to $89.9 billion following a 24% runup in the EV start-up\u2019s stock price after executives told investors that reservations for its first vehicles had jumped and that its production [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-79961","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=79961"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79961\/revisions"}],"predecessor-version":[{"id":79962,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79961\/revisions\/79962"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=79961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=79961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=79961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}