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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 ...
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 ...
Image source: Lucid. Why did Lucid disappoint the market? 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 ...
When Lucid first went public in 2021, Lucid management projected it would produce and deliver 49,000 vehicles by 2023 and 90,000 by this year. Last year, the company manufactured 8,428 vehicles ...
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 ...
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 ...
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's Gravity will boost deliveries through 2025 as the production ramps up and the more affordable trims hit production; Lucid will begin production of a more expensive trim initially.