Lucid raises $1.5 billion from Saudi public wealth fund, others

Lucid Motors CEO Peter Rawlinson claps after ringing the opening bell at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business ...

Tesla Competitor Lucid Raises $1.5 Billion, Majority From Saudi Sovereign Wealth Fund

(Photo by MediaNews Group/Bay Area News via Getty Images) MediaNews Group via Getty Images Key Takeaways Lucid Group has raised an additional $1.5 billion to support ongoing operations, with $915 mill...

General Mills, Steelcase, Lucid and more

Take a look at some of the biggest movers in the premarket: General Mills (GIS) – General Mills reported better-than-expected profit and revenue for its latest quarter, and it raised its full-year for...

Lucid Secures EV Batteries, But the Stock Falls Anyway

Electric vehicle start-up Lucid is securing electric-vehicle batteries ahead of its product line expansion. The stock isn’t getting any benefit though. Tesla might be to blame. On Tuesday, Lucid (tick...

Lucid Offers Discounts to Sell EVs. Why That Could Signal a Bigger Problem.

Lucid Group stock has skidded 37% in the month since the electric-car maker said that its order backlog shrank in the September quarter. So investors will be laser-focused on whether Lucid’s order boo...

Lucid (LCID) Stock Needs Your Attention

Lucid Group Inc. (NASDAQ: LCID) is likely to have an impact on the upcoming interest rates hike. The prominent American electric vehicle manufacturer is already struggling with several issues. These w...

Elon Musk’s Twitter Antics Are Tarnishing Tesla – Just As Its EV Rivals Are Catching Up

“I think if you’re a senior leader at Tesla, you’re praying and hoping that either Elon changes focus or gets off this Twitter thing.” Last year, Elon Musk was cracking jokes on Saturday Night Live. N...

Lucid reveals lower-cost Air electric luxury sedans

Luxury electric vehicle maker Lucid Group on Tuesday revealed several new versions of its Air sedan – including its lowest-cost model yet. CEO Peter Rawlinson said in an interview with CNBC’s Ph...

Ethereal Rockstar Ambar Lucid Dreams Of Evolution, Vice, And Healing

Ambar Lucid’s sweet poetry and powerful voice make California twice as sunny Sophia Juliette A line around the block and doubled back on Brooklyn’s coldest night of the year thus far waited for ...

EV Stocks Face a Reckoning. Not All of Them Will Make It.

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...

Disney, Meta Platforms, Lucid Motors, Roblox and more

Disney World celebrated its 50th anniversary in April 2022. Aaronp/bauer-griffin | Gc Images | Getty Images Check out the companies making headlines in midday trading. Disney — Shares of the media gia...

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 Falls After Maker of Luxury EVs Misses Profit Estimates

(Bloomberg) — Lucid Group Inc. shares fell in late trading after third-quarter sales and earnings trailed estimates and reservations declined for the company’s luxury electric vehicles. Most Rea...

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...

GM, Ford Say They Aren’t Running Twitter Ads As They Assess Changes Under Elon Musk

Elon Musk carrying a sink into Twitter headquarters in San Francisco on Oct. 26. Twitter account of Elon Musk/AFP via Getty Images Elon Musk’s takeover of Twitter has many users worried about changes ...

Lucid Group is losing too much money

FLEX LNG Ltd: “Jimmy Chill likes FLEX. Why? Because it’s got a product that we all need.” Coinbase Global Inc: “People actually trust it, okay? They believe in it, and that is ...

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...

Lucid EV production on track to meet 2022 guidance

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 luxury vehicle maker Lucid Group...

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 Air gets nod over Tesla Model S in an Edmunds head-to-head comparison

Electric vehicles (EVs) are undoubtedly the future of the automotive business as the US races into the future, followed closely by China. The race for the best EV on the market just took an exciting t...

Lucid Picks Up New Buy Rating. Stock Can Rise 60%.

Text size A Lucid Air gets up to 500 miles of range on one charge. Courtesy Lucid Motors Shares of luxury electric vehicle maker Lucid is rising Tuesday after a new bullish call from the Street. Canto...

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 Gets a New Buy Rating. Its Batteries Are Beating Tesla’s.

R.F. Lafferty says Lucid’s battery pack technology is a “key differentiator” in driving range and horsepower. Courtesy Lucid Motors Text size Luxury electric vehicle start-up Lucid picked up a n...

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...

Luxury EV Startup Lucid Looking To Raise Up To $8 Billion To Build Out Operations

Lucid’s top-end Air Sapphire can go over 200 mph and costs $249,000. Lucid Group Lucid Group, a maker of high-end electric sedans, filed a shelf registration to raise as much as $8 billion in multiple...

Big Lots, Best Buy, Nikola and Lucid

A customer exits a Big Lots store in Clifton, New Jersey. Emile Wamsteker | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Big Lots – Shares jumped 7.8% after the...

Lucid and Nikola file to raise additional cash

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 makers Lucid Group and N...

Tesla, Lucid jump premarket as Inflation Reduction Act targets US-assembled EVs

On Sunday, August 7, the US Senate barely passed President Biden’s Inflation Reduction Act, intending to reduce government deficits while boosting climate-change spending, among other things.  The mea...

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 shares just slipped 15%: explore why

Shares of Lucid Group Inc (NASDAQ: LCID) are down nearly 15% in extended trading on Wednesday after the electric vehicles manufacturer reported weaker-than-expected quarterly revenue and lowered its o...

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...