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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 opened ...
With shares down by almost 50% year to date, Lucid's (NASDAQ: LCID) stock price plunge shows no signs of ending. The electric vehicle (EV) maker's top-line growth has stalled while losses are ...
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 ...
The upstart EV maker just scored another $1.5 billion investment, but it still makes just 9,000 vehicles a year.
In fact, with Lucid hitting three consecutive quarterly records for deliveries, the company has now let consumers take the wheel of over 7,100 Lucid EVs in 2024, already easily topping the company ...
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.
Before you buy stock in Lucid Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Lucid Group ...
Lucid has been losing money as it struggles with low-volume sales. It expects to produce just 9,000 vehicles this year. Investors have been waiting for a catalyst to boost those sales.
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related to: will lucid ever recover stock split end cap price