Uber Technologies and Lucid Group team up to deploy 20,000 autonomous SUVs, marking a pivotal moment in AV tech. Click for more on UBER and LCID stock.

Similarly, Lucid's long-term value may be more related to services than manufacturing. Earlier this year, Peter Rawlinson, Lucid's outgoing CEO, stressed that the company's software and technology stack could eventually be licensed to other automakers worldwide. "I'd love it to be 20-80," Rawlinson said. "Twenty percent doing cars, 80% licensing."