Electric vehicle stocks have stalled—and many won’t get started again. Yes, things are that bad for EV start-ups as they try to become the next Tesla (ticker: TSLA). The blame starts with rising inter...
Tag: LCID
Lucid Stock Plunges as Reservations for Cars Drop
Electric-vehicle maker Lucid turned in respectable third-quarter earnings and stuck with its forecast for vehicle shipments this year, but the stock was dropping. Reservations were the issue. Lucid (t...
Lucid (LCID) earnings Q3 2022
Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid Electric vehicle maker Lucid Group on Tue...
Q4 outlook for Lucid stock (LCID) – what to expect?
At the beginning of the week, starting on October 17, electric vehicle (EV) producers received a jolt in their stock prices following multiple positive effects. The week was kicked off by positive sen...
Next Lucid (LCID) levels to watch as stock caught in downtrend limbo
Electric vehicle (EV) sales are accelerating across the globe, racing to a future where EVs will overtake standard gas and diesel-powered vehicles. The ‘green revolution’ requires this change to occur...
Lucid (LCID) stock gains 10% in a week
Lucid Motors (NASDAQ: LCID) ability to target high-end consumers with their luxury sedans, SUVs, crossovers, pickup, and coupes, has attracted another analyst firm to issue a bull rating. Namely, on S...
Lucid Stock Takes a Tumble. Why? Look at the Shareholder Mix.
Illustration by Elias Stein Text size A sudden drop in Lucid Group ’s stock price highlights a key investing insight: Shareholder mix matters. The electric-vehicle maker’s shares (ticker: LCID) fell 6...
Lucid, SoFi, and 3 Other SPAC Stocks Whose Downturns Might Be Ending
Text size Most SPAC-related stocks, including Virgin Galactic, haven’t been soaring in recent months. Courtesy Virgin Galactic Sometimes the best time to look for new investment ideas are when t...
Lucid stock crashes 12% in premarket; What’s going on with LCID?
Luxury electric vehicle (EV) maker Lucid (NASDAQ: LCID) delivered only 679 vehicles in the second quarter of 2022 and slashed production targets. Investors are seemingly disappointed at what they hear...
Lucid stock plunges after electric-vehicle maker cuts production guidance for the year
Shares of Lucid Group Inc. LCID, +4.21% fell more than 10% in after-hours trading Wednesday after the electric-vehicle maker announced a reduction in its production forecast. Lucid said it now expects...
Lucid (LCID) Q2 2022 earnings and production forecast
Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capi...
Lucid stock levels to watch as LCID prepares for Q2 earnings release
Lucid Motors (NASDAQ: LCID) has been busy lately by opening new retail locations around the globe in an attempt to increase its presence and brand awareness. The latest retail location is in Pacific ...
LCID stock rises as Lucid rolls out new tech for its EV charging system
On July 12, Lucid’s (NASDAQ: LCID) stock rose as much as 2% in the early hours of trading after it released a new tech video that reveals their innovative “Wunderbox” electric vehicle (EV) charging sy...
A New EV Company Arrives This Week. It’s Worth More Than Rivian.
Text size Polestar expects to ship 50,000 electric vehicles in 2022 and 124,000 in 2023. Courtesy Polestar Polestar, the electric vehicle maker being spun out of Volvo Car (ticker: VOLCARB.Sweden), sh...
Soros fund doubles down on Rivian bet, buys stakes in Lucid, Nio
Billionaire George Soros’s investment fund has doubled down on its bet on Rivian Automotive Inc. and taken new positions on EV makers Nio Inc. and Lucid Motors Inc., according to a filing late Friday....
LCID announces earnings – beats on strong demand and introduces new pricing
On May 5, Lucid Group (NASDAQ: LCID) announced results after the market closed, beating Wall Street estimates. For the quarter ended March 31, 2022, the company reported revenue of $57.7 million on 36...
Lucid (LCID) earnings Q1 2022
CEO Peter Rawlinson poses at the Lucid Motors plant in Casa Grande, Arizona, U.S. September 28, 2021. Caitlin O’Hara | Reuters Electric luxury vehicle maker Lucid Group said Thursday it now has ...
Lucid stock climbs after EV maker announces sales deal with Saudi Arabia
Lucid Group Inc. LCID, -8.74% stock rose more than 4% in the extended session Tuesday after the EV maker said it had reached an agreement with Saudi Arabia to sell up to 100,000 vehicles over a 10-yea...
Analysts spell fortune for Lucid stock despite LCID trading at 7-month low
Lucid Motors Inc. (NASDAQ: LCID), earlier this year signed an agreement with the Ministry of Investment of Saudi Arabia. This move paved the way for LCID’s strategy which is peculiarly different from ...
Competitors chip away at Tesla’s share of U.S. EV market
DETROIT — New electric vehicle models from multiple automakers are starting to chip away at Tesla’s dominance of the U.S. EV market, according to national vehicle registration data. But numbers collec...