The stock is rebounding due to positive U.S. jobs data, which is a good sign for the economy and can boost investor confidence. However, the potential for further rate hikes could increase the cost of capital for Lucid, making it more expensive for the company to raise funds. This could impact the company's growth plans and investment in research and development, manufacturing capacity, and infrastructure. Additionally, higher interest rates could lead to increased costs for raw materials and other inputs, which could increase Lucid's manufacturing costs and affect its profitability.