The company recently had to raise an additional $1.67 billion. Lucid isn't producing enough vehicles and is burning through ...
Lucid reported third-quarter financial results last week and had a net loss of $992 million. The company is trying to ...
Lucid's stock soared to a post-merger high of $55.52 on Nov. 16, 2021, and boosted its market cap to $91.4 billion. That was 150 times the revenue it would generate in 2022. But today, Lucid's ...
The company reported over $257 million in revenue in Q4 2022, which dropped to $149 million in Q1 2023 as preorders were filled and new buyers failed to materialize. Lucid reported $200 million in ...
Lucid Group (NASDAQ:LCID) investors have endured a torrid time for several years now; after all, it hardly gets much worse ...
Sjoerd van der Wal / Getty Images Lucid Group announced it would be selling approximately 637 million shares in a public offering and to its largest shareholder. The struggling electric vehicle ...
Lucid Group is struggling to grow production and find willing buyers. Its quarterly production peaked at just 3,500 in the fourth quarter of 2022 and has fallen to 1,800 in the third quarter of ...
Lucid's Q3 results highlighted ongoing struggles, with large losses and cash burn continuing to pile up. The Gravity SUV is launching this quarter, creating high revenue growth expectations for ...
The SUV from Lucid looks to elevate our standards the same way the Air sedan did when it earned our 2022 Car of the Year award. Except the Gravity isn't just an Air SUV, the sedan with a wagonoid ...
Shares of Lucid Group (NASDAQ:LCID) fell Thursday morning after the company priced its previously announced securities offering. The offering will be conducted from time to time in one or more ...
Lucid Motors will begin accepting reservations for its second vehicle, the 2025 Lucid Gravity SUV, on Nov. 7. The entry-level Gravity will carry an MSRP of $79,900. With the expected delivery ...
Lucid Motors (LCID) stock was down as much as 20% during Thursday’s pre-market after the company announced plans to sell over 262 million shares. The new stock offering is causing share prices ...