LCID fell about 7.7%, deeper than the roughly 5.2% decline earlier, as a broad risk-off selloff intensified across U.S. equities on October 30, with the S&P 500 down 1.8%, the Nasdaq down 2.9%, and the VIX up 21%. No new catalyst drove the move; the standing cause remains broad market selling, with additional LCID-specific pressure beyond EV peers. Rivian's strong results and raised outlook also highlighted a more favorable peer backdrop rather than explaining LCID's decline.