Lucid’s Launch; Crypto Chronicles; Who is Watching the Olympics?

Squawk Pod

Luxury electric vehicle maker, Lucid Motors, debuts today under the ticker LCID. Lucid’s first electric vehicle, the $77,000 Lucid Air, is expected to be delivered to customers in the second half of 2021. Peter Rawlinson, chief executive officer at Lucid Motors, discusses the trading debut and the future of electric vehicles. Ratings for the Olympic Games’ opening ceremony were down 36% compared to 2016. Axios Media Reporter, Sara Fischer, and CNBC’s Jabari Young weigh in on the ratings, logistical challenges, and the latest news from Tokyo. Bitcoin surged to its highest level since mid-June today, trading as high as nearly $40,000, after a recruitment ad suggested that Amazon may start accepting the cryptocurrency for payment. Plus, CNBC’s Eunice Yoon reports on the tensions between the U.S. and China …. and Joe Kernen is taking his bets.