Stock Track | Lucid Group Plummets 6.03% on Tuesday, Impacted by Trump's Plan to End EV Mandate

Stock Track

Jan 21, 2025

Shares of electric vehicle maker Lucid Group Inc fell by 6.03% in the Tuesday trading session, following comments made by former President Donald Trump regarding plans to eliminate the electric vehicle mandate and revoke support for EVs.

Trump, in his inaugural address, vowed to "end the Green New Deal" and "revoke the electric-vehicle mandate, saving our auto industry and keeping my sacred pledge to our great American auto workers." This statement caused significant declines in the stock prices of several EV companies, including Lucid, Tesla, Nikola, and Rivian.

The potential elimination of the EV mandate and other supportive policies, such as the federal EV-purchase tax credit, could negatively impact the growth and adoption of electric vehicles in the U.S. market. This, in turn, would likely have a detrimental effect on the financial performance and future prospects of EV manufacturers like Lucid Group.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1177689805"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1177689805\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1177689805?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-21 22:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1177689805","market":"hk","top_or_hot":-1,"title":"Stock Track | Lucid Group Plummets 6.03% on Tuesday, Impacted by Trump's Plan to End EV Mandate","media":"Stock Track","content":"<p>Shares of electric vehicle maker Lucid Group Inc fell by 6.03% in the Tuesday trading session, following comments made by former President Donald Trump regarding plans to eliminate the electric vehicle mandate and revoke support for EVs.</p>\n\n<p>Trump, in his inaugural address, vowed to \"end the Green New Deal\" and \"revoke the electric-vehicle mandate, saving our auto industry and keeping my sacred pledge to our great American auto workers.\" This statement caused significant declines in the stock prices of several EV companies, including Lucid, Tesla, Nikola, and Rivian.</p>\n\n<p>The potential elimination of the EV mandate and other supportive policies, such as the federal EV-purchase tax credit, could negatively impact the growth and adoption of electric vehicles in the U.S. market. This, in turn, would likely have a detrimental effect on the financial performance and future prospects of EV manufacturers like Lucid Group.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Lucid Group Plummets 6.03% on Tuesday, Impacted by Trump's Plan to End EV Mandate</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Lucid Group Plummets 6.03% on Tuesday, Impacted by Trump's Plan to End EV Mandate\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-01-21 22:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of electric vehicle maker Lucid Group Inc fell by 6.03% in the Tuesday trading session, following comments made by former President Donald Trump regarding plans to eliminate the electric vehicle mandate and revoke support for EVs.</p>\n\n<p>Trump, in his inaugural address, vowed to \"end the Green New Deal\" and \"revoke the electric-vehicle mandate, saving our auto industry and keeping my sacred pledge to our great American auto workers.\" This statement caused significant declines in the stock prices of several EV companies, including Lucid, Tesla, Nikola, and Rivian.</p>\n\n<p>The potential elimination of the EV mandate and other supportive policies, such as the federal EV-purchase tax credit, could negatively impact the growth and adoption of electric vehicles in the U.S. market. This, in turn, would likely have a detrimental effect on the financial performance and future prospects of EV manufacturers like Lucid Group.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LCID","symbol_name":"Lucid Group Inc","start_time":0,"source_url":"","article_id":"1177689805","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1177689805","pubTimestamp":1737471013,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of electric vehicle maker Lucid Group Inc fell by 6.03% in the Tuesday trading session, following comments made by former President Donald Trump regarding plans to eliminate the electric vehicle mandate and revoke support for EVs.Trump, in his inaugural address, vowed to \"end the Green New Deal\" and \"revoke the electric-vehicle mandate, saving our auto industry and keeping my sacred pledge to our great American auto workers.\" This statement caused significant declines in the stock prices ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LCID":"Lucid Group Inc"},"translate_title":"受特朗普终止电动汽车授权计划影响，Lucid Group周二暴跌6.03%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LCID":1},"content_text":"Shares of electric vehicle maker Lucid Group Inc fell by 6.03% in the Tuesday trading session, following comments made by former President Donald Trump regarding plans to eliminate the electric vehicle mandate and revoke support for EVs.\nTrump, in his inaugural address, vowed to \"end the Green New Deal\" and \"revoke the electric-vehicle mandate, saving our auto industry and keeping my sacred pledge to our great American auto workers.\" This statement caused significant declines in the stock prices of several EV companies, including Lucid, Tesla, Nikola, and Rivian.\nThe potential elimination of the EV mandate and other supportive policies, such as the federal EV-purchase tax credit, could negatively impact the growth and adoption of electric vehicles in the U.S. market. This, in turn, would likely have a detrimental effect on the financial performance and future prospects of EV manufacturers like Lucid Group.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}