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Down 94% from an all-time high in early 2021, Lucid Motors (NASDAQ: LCID) is an excellent example of what it looks like when that happens. But could Lucid's fortunes now change?
Lucid's third-quarter revenue rose 45% year over year to $200 million, which looks good on the surface. But when you dig a little bit deeper, you'll notice that there isn't a clear growth trend ...
Lucid delivered its first Air sedans in late 2021, and it originally claimed it could deliver 20,000 vehicles in 2022 and 49,000 vehicles in 2023. It planned to launch its second vehicle, the ...
What happened to Rivian? Although Lucid's spike in sales was partially driven by higher incentives, Rivian might opt for that rather than the third quarter it had. Rivian's third-quarter ...
Lucid's current delivery momentum isn't enough to make it a buy now, but it is enough to place Lucid on your watch list as the company drives through speed bumps, expands its vehicle lineup, cuts ...
Lucid is burning through cash. In Q1, Lucid generated a gross loss of $232 million, which means it costs more to manufacture and deliver its cars than can be recouped by actually selling them. And ...
Lucid Group, Inc. is an American automotive and technology company that manufactures electric vehicles and supplies advanced electric vehicle powertrain systems.
While Lucid's adjusted loss per share of $0.28 was better than Wall Street's consensus estimate of $0.30, I think the company's widening losses are a red flag. Where Lucid could be in one year