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Shares of Lucid Group (NASDAQ: LCID) shot higher by more than 10% this morning after the company released its fourth-quarter electric vehicle (EV) delivery results. The 10 stocks that made the cut ...
It has remained low volume as the price range begins at about $70,000 and goes up to $250,000. Lucid needs sales volumes to increase substantially to have any chance at long-term success.
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.
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 ...
Lucid Group (NASDAQ: LCID) is making waves in the luxury electric vehicle (EV) market with an impressive driving range that sets it apart from competitors. After peaking at $57.75 per share in ...
Earlier on Monday Lucid cut the manufacturer's suggested retail price (MSRP) of its base model Air Pure sedan by $5,000, bringing the starting price to $82,400 from $87,400. Lucid also cut prices ...
As an investor, it can be a good idea to avoid market hype because these excitement-driven trends can deflate just as quickly as they inflate. Down 94% from an all-time high in early 2021, Lucid ...
Lucid ended the quarterly period with about $4.3 billion of total liquidity, though. With the new investment on top of that, Lucid now has some time to try to drive a successful launch of the Gravity.