Market capitalization of Lucid Motors (LCID) Market cap: $8.69 Billion As of November 2023 Lucid Motors has a market cap of $8.69 Billion. This makes Lucid Motors the world's 161Bth most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth. Market cap history of Lucid Motors from 2021 to 2023 $14053 $1003 19 Aug 2023 $808 $608 $403 $203 2022 2023 companiesmarketcapcom Lucid Falls on Second-Quarter Electric Car Delivery Miss Sean O'Kane, Bloomberg News LUCIA LUCIDMOTORS The Lucid Air prototype electric vehicle, manufactured by Lucid Motors Inc., is displayed at the company's headquarters in Newark, California, U.S., on Monday, Aug. 3, 2020. The final specs and design of the Lucid Air are due to be unveiled at an event in September and executives say customers can now expect delivery of the first batch of Airs in spring 2021. , Bloomberg (Bloomberg) -- Lucid Group Inc. fell after the electric luxury sedan manufacturer undershot expectations for deliveries in the latest quarter, even as it announced the start of shipments to Saudi Arabia, its biggest financial backer. The Newark, California-based company said Wednesday it delivered 1,404 electric sedans in the three months ended June 30, missing Wall Street's estimate of 1,873, according to data compiled by Bloomberg. Lucid built 2,173 sedans in the quarter. Shares of Lucid pared a drop of as much as 6.2% to trade down 5.3% to $7.69 as of 9:38 a.m. in New York. The stock is up about 12% this year.I need to write a 6000 words report about lucid motors strategy implementation, mainly focusing on change management strategies and strategic planning and scenarios. Structure of the report should be as follows: Introduction (especially relevant to present the company/industry if dealing with an Unfamiliar one) Problem statement/analysis, why have you chosen this company for the report? Which Aspects/elements drove you to base your essay on it. Company's course of action, splitting between planning and implementation. Which Decisions has the company made/implemented to face problems stated. Your recommendations. Your evaluation of company's strategy/actions and Improvement suggestions Report conclusions