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 ...
New incentives from Lucid Motors have paid off. Sales of the Lucid Air have risen higher, up 91% in the third quarter from the same time last year. That's a new record for the electric car company ...
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 ...
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 ...
Momentum has swapped between Lucid and Rivian recently. Lucid set delivery records for three straight quarters. Rivian hit a production snag and deliveries have declined. Lucid set a new record ...
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' upcoming midsized vehicle will cost about the same as a Tesla Model Y Long Range, the EV startup's CEO and CTO Peter Rawlinson reaffirmed on a call Monday evening. And his remarks ...
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
CNET’s expert staff reviews and rates dozens of new products and services each month, building on more than a quarter century of expertise. It's easy to get all starry eyed over the Lucid Air ...
Oct 17 (Reuters) - Cash-strapped electric luxury sedan maker Lucid (LCID.O), opens new tab said on Thursday a combined public offering and private placement of roughly 637 million shares would ...
Lucid Group announced that it priced its underwritten public offering of 262,446,931 shares of its common stock. The public offering is expected to close on or about October 18, 2024, subject to ...