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Lucid's stock has a price-to-sales ratio of 8.1, while fellow EV start-up Rivian Automotive has a P/S ratio of just 3.1. With this premium, widening losses, and the company still trying to find ...
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 ...
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 ...
Rather, Lucid's shares are likely gaining traction after a new report showed that EV sales gained ground in November. Lucid's share price was up by 14.2% as of 11:25 a.m. ET. Start Your Mornings ...
Lucid (NASDAQ: LCID) has seen some of these challenges first-hand, which is why the stock is down to $2.01 per share as of Friday's market close. Is it time to jump on this EV stock below $2.50?
Lucid will have to justify its huge pricing with performance and features. However, the good news is that the Gravity Grand Touring will have a range of 440 miles and 828 horsepower ...
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.