NASDAQ:LCID 8 January 2026 - 22 April 2026

Lucid Group surged 13.9% to finish at $10.86 Friday, pacing gains among U.S.-listed EV names. Rivian tacked on 7.8%, ending at $14.80. Tesla advanced 3.5% to settle at $411.11.

Tesla’s stock barely moved in after-hours trading Tuesday, shortly after the company unveiled a new all-wheel-drive Model Y variant priced at $41,990 on its U.S. website. Shares ticked up 0.1% to $421.83, having fluctuated between $413.69 and $428.42 during the day. Rivian dipped 0.2%, while Lucid climbed 2.0%. This launch comes on the heels of Tesla’s October introduction of cheaper “Standard” Model Y and Model 3 versions, roughly $5,000 less than previous base prices, following the September expiration of the $7,500 federal EV tax credit under the Trump administration. Analysts caution that a shift toward more affordable models could squeeze margins, or profit per car.

Tesla shares steadied at Friday’s close after Chief Executive Elon Musk said the company had started Robotaxi rides in Austin without safety monitors in the car, a step investors have been waiting to see outside the lab.

U.S.-listed EV stocks open Tuesday under pressure, with Washington in focus after Trump administration officials revealed plans to roll back regulations and tax credits linked to electric vehicles, aiming to bring down car prices.