Shares of Lucid Group (NASDAQ: LCID) are falling on Tuesday, down 8.8% as of 2:08 p.m. ET. The drop comes as the S&P 500 ...

Lucid shares dip as branding push with Timothée Chalamet collides with rising robotaxi competition and investor caution.

Lucid stock popped earlier this month after the company announced it had entered into a robotaxi partnership with Uber Technologies, but it's now given up much of its initial gains following the news.