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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 ...
“Sitting idle” aptly describes what’s going on with Lucid Group (NASDAQ:LCID) stock right now. Although it has moved higher in recent days, shares in the early-stage electric vehicle maker ...
Lucid Motors, which plans to go public by merging with the blank-check company Churchill Capital Corp IV (NYSE: CCIV) is charting a future course that differs significantly from Tesla Inc (NASDAQ ...
Lucid Group’s (LCID) stock hit a few bumps in the road during the company’s most recent earnings release. However, the company is moving forward with a major initiative in an important ...
Lucid began building its first all-electric Lucid Air sedan in Arizona in September 2021, and deliveries began in late October. [35] Lucid produced 7,180 vehicles in 2022, [36] lower than expected, with the company citing supply chain issues. [37] [38] Lucid produced 8,428 vehicles in 2023, meeting the higher end of company guidance. [39]
Lucid (NASDAQ:LCID) stock has been a relatively high-beta stock since the announcement of the special purpose acquisition company (SPAC) merger agreement. After an extended period of consolidation ...
In the third quarter (which ended Sept. 30), Lucid's net loss widened to $992 million, worse than its loss of $631 million in the year-ago quarter. Making matters worse is that Lucid recently ...
Lucid ended the second quarter of 2024 with $4.3 billion in total liquidity, and it gained another $1.5 billion commitment from a PIF affiliate in early August. It expects that cash to sustain its ...