Lucid is going public via a SPAC with Churchill Capital which is worth $24 billion.
Lucid Chief Executive Peter Rawlinson said in a statement that the company was working to launch its electric luxury sedan, Lucid Air, this year, followed by the Gravity SUV in 2023.
So, when Rawlinson spoke to CNBC on Tuesday morning, he was asked whether the U.S. has the infrastructure to support a switch to electric vehicles.
Does Jim Cramer think that the U.S. has the infrastructure to support EV?
Recap TheStreet Live: Everything Jim Cramer Is Watching in the Markets Tuesday