Lucid Group EV Sales Growth Driven by Former Tesla Owners, CEO Says

, MT Newswires -  12:02 PM ET 3/31/2025 default

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12:02 PM EDT, 03/31/2025 (MT Newswires) -- Lucid Group ( LCID ) CEO Marc Winterhoff said in a FoxBusiness interview Friday that the company has been witnessing a "dramatic uptick over the past two months" in electric vehicle orders from Tesla owners.

He said during the interview that Tesla owners have "always been a source" for Lucid.

The CEO added that 50% of all orders in the past couple of months were from former Tesla owners amid a "negative feeling about Elon" Musk as many are "looking for an option to not continue to have Teslas."

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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