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Lucid expects to produce only about 9,000 Air EVs this year, but it hopes with a starting price below $80,000, the SUV will be what it needs to hit mass production.
Lucid (NASDAQ: LCID), a fledgling producer of luxury electric vehicles (EVs), went public by merging with a special purpose acquisition company on July 26, 2021. The combined company's stock ...
It may be tempting for some investors to look at Lucid's share price -- $2.96 as of this writing -- and assume the stock is cheap. But Lucid's shares have a price-to-sales (P/S) ratio of 9.
Last week Lucid slashed the price of its Air Touring model to $87,500 from $95,000, its Air Pure model to $74,900 from $82,000, and its higher-end Air Grand Touring to $115,000 from $125,000.
Lucid Group (NASDAQ: LCID) is making waves in the luxury electric vehicle (EV) market with an impressive driving range that sets it apart from competitors. After peaking at $57.75 per share in ...
Why Lucid Motors Stock Dropped Today. Howard Smith, The Motley Fool. October 30, 2024 at 2:50 PM ... It has remained low volume as the price range begins at about $70,000 and goes up to $250,000 ...
With shares down by over 90% from an all-time high of $58 (reached in early 2021), Lucid Motors (NASDAQ: LCID) stock hasn't been kind to its early investors. Like many companies that went public ...
Earlier on Monday Lucid cut the manufacturer's suggested retail price (MSRP) of its base model Air Pure sedan by $5,000, bringing the starting price to $82,400 from $87,400. Lucid also cut prices ...
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