Lucid Motors might not be a new company, but its first car, the Lucid Air, was announced in 2016 and rolled off the assembly ...
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 ...
Lucid announced it would sell shares to Saudi Arabia's Public investment Fund. The company officially filed SEC documents today showing the purchase of 396 million shares. Lucid has enough cash to ...
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'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 ...
Lucid Group, Inc. announced a $1.7 billion equity raise, causing a 15% stock drop and significant dilution for investors, highlighting its reliance on cash infusions. Despite a 16% QoQ increase in ...
Nov 7 (Reuters) - Lucid (LCID.O), opens new tab beat Wall Street expectations for third-quarter revenue on Thursday and reiterated its annual production forecast as it benefits from strong demand ...
Lucid Motors stock (LCID) is sliding after the electric vehicle maker announced another capital raise via a share sale late Wednesday night, as the California-based automaker seeks further runway ...
Despite admitting “the market is tough,” Lucid Motor’s (LCID) CEO Peter Rawlinson said the luxury EV maker is outpacing its rivals. With nearly 2,800 vehicles delivered in Q3, Lucid broke ...
Shares of luxury electric car manufacturer Lucid (NASDAQ:LCID) fell 19.5% in the morning session after the company announced an underwritten public offering of roughly 262 million shares of its ...
Tesla's Q3 earnings actually wound up better than expected, which helped spur a partial after-hours rebound for Lucid stock. Lucid stock fell in today's daily trading as investors weighed the ...
The Lucid CEO said vehicle manufacturing is not a problem and pointed to the company's production levels of 100 EVs per day in 2022. He sees Lucid's problem as low EV market demand. "The market is ...