Lucid is a combo of ‘Tesla and Ferrari’: BofA analyst

Lucid Motors (LCID) shares rallied on Thursday after a bullish analyst note and confirmation from the Environmental Protection Agency (EPA) that the EV maker’s premium car has a higher mile range than Tesla’s model S (TSLA). 

Lucid’s Dream Air edition vehicle received an EPA rated range of 520 miles. That’s about 100 miles more than Tesla’s model S Long Range. 

The EV maker’s CEO and CTO Peter Rawlinson has said in previous interviews that Lucid’s car could go farther on one full battery…

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