Lucid Group, an electric car manufacturer based in the United States, saw its stock rise on Monday after the business delivered its first dream edition automobiles over the weekend.

"No longer just a Dream. The very first members of the #LucidOwnersClub are here to take delivery of their Dream Editions," Lucid tweeted.

Lucid shares started the day around $40 and are now trading at roughly $38.50, up 0.5 % from Friday's close.

Over the weekend, the corporation held an owners club meeting at which members received their vehicles.

"This is a significant day. We've always claimed that we haven't accomplished anything until we've given cars over to customers "Peter Rawlinson, the CEO of Lucid, stated.

LUCID Logo 3D Model

To demonstrate the cars' performance potential, new owners drove them through the Lucid Owners Club inaugural event.

Lucid said last week that it plans to follow up on the Air Dream edition's delivery with Lucid Air Grand Touring variants.