https://techcrunch.com/2021/11/15/lucid-groups-customer-reservations-top-17000-since-end-of-third-quarter/

Lucid Group completed its first quarter as a public company with a booming stock price and customer deliveries underway, as it seeks to grab the top spot in the burgeoning luxury EV market.

The company has come a long way since its founding as Atieva in 2007. After shifting its focus from EV battery and powertrain manufacturing to producing a line of luxury vehicles, the company went public in July after merging with Churchill Capital IV Corp. in one of the most hotly anticipated EV SPAC deals of the year.