Weekend Round-Up: Uber's Earnings Dip, Ford's New EV, Lyft's Mixed Results, Joby Aviation's Revenue Surge And Lucid's Q2 Miss
benzinga_article·- Uber reported a 12 % revenue increase to $ 14.19 billion, while Ford unveiled the sub-$ 30,000 Fathom electric pickup truck. - Lyft achieved $ 1.84 billion in quarterly revenue, and Joby Aviation saw its revenue surge to $ 38.64 million. - Lucid posted Q2 revenue of $ 405.35 million alongside an adjusted loss of $ 2.78 per share.What To Know About California's $3,500 EV Rebate—And Which Teslas Qualify
InsideEVs·- California launched the MyFirstEV program providing up to $3,500 for new electric vehicle purchases and $1,750 for used ones. - Participating automakers like Tesla determine eligible models based on base MSRP caps of $50,000 for new vehicles and $25,000 for used ones. - The $135.5 million state initiative, matched by partnering manufacturers, aims to incentivize over 73,000 clean vehicle sales.Lucid Cosmos Mid-Size SUV: Here’s A First Look At The Tesla Model Y Rival
InsideEVs·- Lucid released the first official images of its upcoming $50,000 Cosmos mid-size electric SUV, which is designed to compete with the Tesla Model Y. - The startup delayed the vehicle's production launch from late 2026 to early 2027 to avoid past software and quality issues experienced with previous models. - This launch is part of Lucid's broader turnaround plan, which also involves factory development in Saudi Arabia and cost-reduction measures.