Latest News

Lucid Stock Falls on First Recall. This One Isn’t Going to Be Fixed With Software.


Electric-vehicle start-up Lucid has its first recall listed on the National Highway Traffic Safety Administration website. Lucid makes futuristic, luxury EVs, but this recall isn’t going to be fixed with a software patch. Cars have to go into the shop.

Investor interest in automotive recalls is rising after Tesla (ticker: TSLA) recalled almost 1.5 million vehicles so far in 2022. That is a lot of vehicles, considering Tesla delivered roughly 360,000 vehicles in the U.S. in 2021. But all the recalls could be fixed with a software…

Intel chip seen as challenge to Chinese dominance in crypto mining

Previous article

Cathie Wood’s Ark Keeps Buying Beaten-Down Tech Stocks

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News