Overview
- Lucid Recharged will sell certified pre-owned vehicles through Lucid showrooms, limited to single-owner cars with fewer than 62,000 miles.
- Each vehicle receives a 160-plus point inspection along with mechanical and cosmetic reconditioning.
- Coverage includes the remaining 4-year/50,000-mile factory warranty, roadside assistance for that period, and a 12-month/12,000-mile limited warranty.
- Jim Cramer told viewers to sell Lucid and suggested Rivian as the better option for investors seeking EV exposure.
- Morgan Stanley downgraded Lucid to Underweight on December 8 and reportedly cut its price target to $10, citing a lingering EV downturn into next year and increased caution for 2026.