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Morning Brief Hosts Madison Mills and Seana Smith check in two trending tickers in the autos sector.

Shares of Lucid (LCID) are climbing after its CEO said that Wall Street misinterpreted its $1.75 billion stock sale that was announced last week, clarifying that it was meant to provide a cash runway into 2026.

Honda (HMC) shares are sliding after the company recalled more than 700,000 cars in the US over faulty fuel pump concerns.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Melanie Riehl