Search results
Results from the WOW.Com Content Network
But despite these challenges, Lucid makes great cars capable of going toe-to-toe with the best in the industry. The next five years will determine if that is enough to resuscitate the stock.
Shares of Lucid Group (NASDAQ: LCID) were trading sharply higher on Monday, just days after the company began production of its long-awaited second luxury electric vehicle. As of 1 p.m. ET, Lucid ...
Lucid reported third-quarter financial results last week and had a net loss of $992 million. The company is trying to increase production of its Air sedan and its newly launched Gravity SUV and ...
With its shares down 52% since the start of the year, Lucid Group (NASDAQ: LCID) seems to be a falling knife. Unlike EV-industry leader Tesla, which is up 28% since President-elect Donald Trump's ...
As of 2:35 p.m. ET, Lucid stock was still lower by 2.5%. Another almost $100,000 EV. Thus far Lucid has only been selling different trims of its luxury Air electric sedan. It has remained low ...
Image source: Getty Images. For Lucid shareholders, the cash infusions are a mixed bag. The good news is that they give Lucid the money it needs to stay afloat, preventing it from going bankrupt.
Earlier, Lucid reported it had produced 1,805 vehicles in Q3, with deliveries coming in at 2,781. The company said today that it was on track to hit its annual production guidance of 9,000 vehicles.
The luxury EV maker is all set to start production of its much-awaited SUV.