Lucid Motors CEO Peter Rawlinson told CNBC in an interview on Tuesday that his electric vehicle startup welcomes potential competition from a company like Apple Inc. (NASDAQ: AAPL). What Happened: In an interview on CNBC's “Mad Money”, Rawlinson suggested there is always room for new entries in the car market as the EV market will eventually overtake the entire car market.
Why Lucid CEO Doesn't See Apple Car As Threat To EV Makers Like His Company And Tesla