---
title: "Lucid shares drop despite Uber robotaxi expansion boost"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286854314.md"
description: "Lucid shares fell 5.63% to $5.70 despite Uber's expansion of its robotaxi fleet from 20,000 to 35,000 vehicles and a $500 million investment for a 2026 U.S. launch. The decline follows a $282 million revenue miss in Q1, with analysts maintaining a cautious Hold rating and average price targets between $8.40 and $12.83 amid concerns over demand and losses."
datetime: "2026-05-19T04:43:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286854314.md)
  - [en](https://longbridge.com/en/news/286854314.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286854314.md)
---

# Lucid shares drop despite Uber robotaxi expansion boost

Robotaxi program expands: Uber increased its planned Lucid robotaxi fleet from 20,000 to 35,000 vehicles and boosted investment to $500 million, targeting a 2026 U.S. launch. Stock slides again: Shares fell 5.63% to $5.70 as traders weighed robotaxi news against a $282 million Q1 revenue miss and broader market weakness. Analysts stay cautious: Consensus Hold rating with average targets from $8.40 to $12.83 reflects potential upside but persistent concerns over demand, policy friction, and losses.

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