April 24, 2024 7:09 pm
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Lucid Motors plans to open car stores

By Cromwell Schubarth | Silicon Valley Business Journal via Phoenix Business Journal

Lucid Motors Inc. is taking a page from rival Tesla Inc.’s playbook, announcing plans on Wednesday to sell its electric cars from posh “studios” in high traffic locations, including Westfield Valley Fair.

The company said it will have a “Silicon Valley Studio” at its global headquarters in Newark, as well as two locations in Los Angeles, and one each in Miami, West Palm Beach, New York City and Washington, D.C. There are none planned in the Phoenix area yet, but Lucid said it plans to open 20 stores by the end of 2021.

Read the full subscription story from the Phoenix Business Journal.

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New home sales post solid gain in March

By NAHB Despite higher interest rates last month, new home sales rose in March due to limited inventory of existing homes. However, the pace of new home sales will be under pressure in April as mortgage rates moved above 7% this

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.