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10 SPACs And Former SPACS That Could Be Short Squeeze Candidates: Clover, Nikola And More
Tuesday, June 8, 2021 - 9:22am | 808Read More...In 2021, two of the most traded and well-known stocks have been GameStop Corp (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC). Both companies have been rallying cries for retail traders against hedge funds and short sellers. The result from these two runs has been investors looking for...
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Key Lucid Motors Updates, Including How To Watch 'The Lucid Motors Experience'
Wednesday, May 26, 2021 - 12:07pm | 398Read More...Lucid Motors is set to go public via the special purpose acquisition company Churchill Capital Corp IV (NYSE: CCIV) in the second half of 2021. What Happened: Lucid Motors announced its event "The Lucid User Experience" will be held virtually via YouTube at 1 p.m. EDT Wednesday....
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Lucid Motors And Other Tesla EV Rivals Capitalize On Elon Musk 'SNL' Appearance With Commercials (Video)
Sunday, May 9, 2021 - 8:23am | 731Read More...The highly anticipated "Saturday Night Live" edition with Elon Musk as host featured comments about Dogecoin, SpaceX, Tesla Inc (NASDAQ: TSLA) and references to The Boring Company. People watching the show will be talking about the skits featuring Musk all week. Viewers may also be...
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Lucid Names Former Waymo Executive As CFO In 'Pivotal Year'
Wednesday, May 5, 2021 - 5:12am | 444Read More...Luxury electric vehicle maker Lucid Motors Inc has roped in a former executive of Alphabet Inc's (NASDAQ: GOOGL) (NASDAQ: GOOG) self-driving unit Waymo as its chief financial officer, Bloomberg reported on Wednesday. What Happened: The Saudi Arabia-backed EV-maker has named...
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Elon Musk Plays Down Lucid CEO's Role With Tesla, Says Rawlinson Was 'Never Chief Engineer'
Tuesday, May 4, 2021 - 1:51am | 620Read More...Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk has downplayed the role of Lucid Motors CEO Peter Rawlinson with his company previously, saying that Rawlinson was “never” chief engineer at Tesla. What Happened: Musk claimed on Twitter that Rawlinson joined Tesla only after the Model S...
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Why Churchill Capital Stock Could Be The Leader In A Return To The SPAC Trade
Thursday, April 22, 2021 - 2:12pm | 357Read More...Lucid Motors is set to go public via the special purpose acquisition company Churchill Capital Corp IV (NYSE: CCIV) in an $11.75-billion deal. Benzinga's Dennis Dick and Mitch Hoch discussed why the company might be the one to watch for a turnaround in the SPAC trade Thursday on...
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Former SEC Chairman Expects SPAC Transactions To Be Treated Like IPOs
Friday, April 9, 2021 - 10:47am | 314Read More...The U.S. Securities and Exchange Commision released a statement on Thursday signaling that special purpose acquisition companies could receive the same scruitiny as IPOs. Former SEC chairman Harvey Pitt told CNBC's "Squawk Box" Friday that he's not...
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Lucid Motors CEO Says Technology Will Be Key To $25K EV: What Investors Should Know
Tuesday, March 30, 2021 - 3:41pm | 695Read More...Editor's note: this story has been updated with a statement from the Lucid Motors CEO. One of the most anticipated SPAC mergers of 2021 is the deal to bring Lucid Motors public. The company is launching several luxury electric vehicles and could be a player in mass-produced...
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Lucid, Rivian Sued In Illinois Over Direct Sales Model
Tuesday, March 30, 2021 - 4:01am | 663Read More...A lawsuit has been filed against electric vehicle startups Rivian Automotive and Lucid Motors in Illinois for selling vehicles directly to consumers in the state. What Happened: The lawsuit was filed by the Illinois Automobile Dealers Association, the Chicago Automobile Trade Association, and other...
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Lucid Says The High-End Version Of Its Air Sedan Is Already Sold Out
Tuesday, March 23, 2021 - 3:06am | 431Read More...Lucid Motors said Monday it has already sold out the Dream Edition, the more expensive version of its upcoming all-electric Air sedan. What Happened: The Dream Edition is also the first version of the Lucid Air luxury sedan. The company has said it is on track to begin delivering the Lucid Air in...
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Lucid Motors Shares New Plans For Growth In Battery Business, And Images Of Its Gravity SUV Leak In Europe
Sunday, March 21, 2021 - 4:34pm | 455Read More...Lucid Motors — focus of one of the most anticipated SPAC mergers of 2021 — is out with some news on its battery plans and images for a new SUV. What Happened: Lucid Motors, which is going public with Churchill Capital Corp IV (NYSE: CCIV), has unveiled plans to put its batteries to...
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Why Lucid CEO Doesn't See Apple Car As Threat To EV Makers Like His Company And Tesla
Wednesday, March 17, 2021 - 12:30am | 597Read More...Lucid Motors CEO Peter Rawlinson told CNBC in an interview on Tuesday that his electric vehicle startup welcomes potential competition from a company like Apple Inc. (NASDAQ: AAPL). What Happened: In an interview on CNBC’s “Mad Money”, Rawlinson suggested there is always room for...
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Lucid Has An Obligation To Build Saudi EV Plant And It Could Prove Costly: WSJ
Wednesday, March 10, 2021 - 1:40am | 481Read More...Lucid Motors Inc, which is going public through a merger with the special purpose acquisition company Churchill Capital Corp IV (NYSE: CCIV), has committed to building a potentially expensive plant in Saudi Arabia, the Wall Street Journal reported Tuesday. What Happened: The automaker has not made...
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'SPACS Attack' Weekly Recap: Looking Back At 11 Deal Announcements, New SPACs To Watch And Headline News
Saturday, February 27, 2021 - 11:28am | 1642Read More...The stock market brought several SPAC merger announcements, rumors and headlines throughout the trading week, as we covered on Benzinga’s "SPACs Attack" show. Here is a look back at the deals announced, some new SPACs to watch and top headlines. SPAC Deals Additive manufacturing...
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5 Things You Might Not Know About Churchill Capital's Michael Klein
Friday, February 26, 2021 - 4:28pm | 717Read More...One of the largest names in the investment banking industry has seen his star power increase with a superstar merger announcement announced this week. Michael Klein has been behind seven SPACs. Most investors now know Klein as the head of Churchill Capital Corp IV (NYSE: CCIV), the company taking...
















