lucid group stock continued to slide this week despite a recent additional investment in the embattled electricvehicle maker by public investment fund saudi arabia’s sovereignwealth fund of nearly 1 billion lucid stock ticker lcid set an intraday low of 618 on tuesday it’s the lowest shares have traded at since lucid went public through a merger with a specialpurpose acquisition company in july 2021 the stock slide comes as lucid prepares to launch sales in europe last week lucid said it was selling about 15 billion of stock including the private placement of shares to public investment fund which is the company’s majority shareholder