-
Lucid Gravity SUV Offers Tesla-Compatible And Standard Charging: A Win For EV Drivers?
Monday, August 12, 2024 - 4:17pm | 507Read More...Owners of the upcoming Gravity SUV from Lucid Group (NASDAQ:LCID) could have more options when it comes to charging their electric vehicle. What Happened: Electric vehicle company Lucid is set to begin production of the highly anticipated Gravity SUV in late 2024. New images shared on social media...
-
Lucid CEO Criticizes Rivals For 'Disservice' To Customers With 'Premature' Reservation Lists, Says Will Open Gravity Bookings At 'Appropriate Time'
Tuesday, August 6, 2024 - 8:28am | 544Read More...Lucid Group (NASDAQ:LCID) CEO Peter Rawlinson on Monday refused to give a date for opening reservations of its upcoming Gravity SUV, while also criticizing rival auto companies for ‘prematurely’ opening a reservation list. What Happened: Rawlinson said that the company will open...
-
Lucid's Partnership With Aston Martin Unaffected By Delays In British Carmaker's EV Timeline: 'We're Solid As A Rock,' Says CEO Peter Rawlinson
Tuesday, August 6, 2024 - 6:27am | 498Read More...Lucid Group (NASDAQ:LCID) CEO Peter Rawlinson said on Monday that the EV maker’s relationship with British car manufacturer Aston Martin is “solid as a rock” despite the latter having delayed their plans to launch its first battery electric vehicle. What Happened: “Look...
-
Lucid Q2 Earnings Highlights: Revenue Beat, EPS Miss, $1.5-Billion Financing Commitment From Saudi Investment Fund
Monday, August 5, 2024 - 4:24pm | 509Read More...Electric vehicle company Lucid Group (NASDAQ:LCID) reported second-quarter financial results after the market close Monday. Here are the key highlights. What Happened: Lucid Group reported second-quarter revenue of $200.6 million, beating a Street consensus estimate of $192.06 million, according to...
-
Tesla Rival Lucid Motors Prepares For Q2 Earnings: Is LCID Poised For A Rebound?
Monday, August 5, 2024 - 10:42am | 1058Read More...As Lucid Group Inc. (NASDAQ:LCID) gears up to announce its Q2 earnings on Monday, investors and analysts are scrutinizing the stock's recent performance and technical indicators to predict its next move. Wall Street is expecting Lucid to report a negative 26 cents in EPS and $182.52 million in...
-
Lucid Commences Pre-Production Of Model X Rival Gravity SUV: 'Not All EVs Are Born Equal,' Says CEO Peter Rawlinson
Wednesday, July 31, 2024 - 4:34am | 538Read More...Lucid Group (NASDAQ:LCID) CEO Peter Rawlinson on Tuesday shared a short video of him driving the company’s very first pre-production Gravity SUV, slated to start production later this year. What Happened: “…Lucid Gravity moves another step closer to customer’s hands. Not...
-
EXCLUSIVE: As Lucid Gears Up To Take On Tesla's Model X, Analysts Lay Out The Problems With Luxury EV Startup's Elon Musk-Inspired Approach
Friday, July 12, 2024 - 2:23am | 1250Read More...Lucid Group (NASDAQ:LCID) reported quarterly deliveries of over 2,000 vehicles for the first time earlier this week. While it has consistently reduced the amount of loss per vehicle over the previous four quarters, it remains to be seen if it can amp up its pace as it aims to become profitable....
-
Rivian, Lucid, Micron Technology, Novo Nordisk, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Tuesday, June 25, 2024 - 9:32pm | 577Read More...On Tuesday, U.S. stocks showed mixed results. The Dow Jones Industrial Average closed down by nearly 0.8%, finishing at 39,112.16. The S&P 500 rose by almost 0.4% to end the regular session at 5,469.30, while the Nasdaq climbed nearly 1.3% to close at 17,717.65. These are the top stocks that...
-
Lucid Ready To Swipe Key Trademark From Fisker? Consumers May See This Vehicle Name In The Near Future
Thursday, June 20, 2024 - 9:55am | 448Read More...Electric vehicle company Lucid Group Inc (NASDAQ:LCID) stands to benefit from rival Fisker Inc‘s (OTC:FSRN) declaring bankruptcy. While Fisker’s struggles could mean one less competitor in the EV space, Lucid could also get a coveted vehicle name. What Happened: The company released the...
-
Lucid Vs. Tesla: CEO Says Company's Technology Is 'A Number Of Years Ahead' Of EV Leader
Monday, June 17, 2024 - 3:03pm | 687Read More...The battle for dominance in the electric vehicle sector could include range of batteries and overall technology, something multiple companies are looking to differentiate themselves on in the sector. A rivalry between Lucid Group In. (NASDAQ:LCID) and Tesla Inc (NASDAQ:TSLA) could intensify with...
-
Lucid CEO Peter Rawlinson Thinks Elon Musk's Tesla Seems 'Distracted' And 'Kind Of Losing Its Way' — Says It Used To Have 'The Cutting Edge' During His 3-Year Stint
Wednesday, May 29, 2024 - 3:19am | 636Read More...Lucid Group Inc (NASDAQ:LCID) CEO Peter Rawlinson on Monday took a jab at rival EV maker Tesla, Inc. (NASDAQ:TSLA), opining that the latter has lost focus over the years. What Happened: Rawlinson was employed at Tesla for three years before he started Lucid. "At Tesla, I was there for three...
-
Lucid Stock Gains 3% Premarket After EV Maker Announces 6% Workforce Reduction, Cutting 400 Jobs To Lower Costs
Friday, May 24, 2024 - 7:39am | 414Read More...The shares of Lucid Group (NASDAQ:LCID) gained 3% in pre-market trading after the California-based EV maker said on Friday that it is laying off about 6% of its workforce or 400 employees to reduce costs. What Happened: The layoff is part of the company’s restructuring plan and Lucid intends...
-
Lucid Dedicated To EV Efficiency Even As It Races To Make Cheaper, High-Volume Models To Trim Losses: CEO Peter Rawlinson
Thursday, May 9, 2024 - 4:46am | 534Read More...Lucid Group Inc (NASDAQ:LCID) CEO Peter Rawlinson said on Wednesday that the EV maker has made several breakthroughs recently to enable a car with five miles of range per kWh battery by the end of the year. What Happened: The company has made several breakthroughs in research and development...
-
Lucid CEO Throws Down The Gauntlet With $48K EV Plan To Take On Tesla's Dominance: 'Wait Until Our Midsize Comes Out In Late 2026'
Tuesday, May 7, 2024 - 6:51am | 615Read More...California-based EV maker Lucid Group (NASDAQ:LCID) is looking to expand its total addressable market with a range of offerings at lower price points than its initial Air sedan versions and closer to rivaling Tesla models. What Happened: Lucid started production of its Air Pure in September with a...
-
Elon Musk ROFLs Over Lucid's Ginormous Q1 Loss And CEO Rawlinson's Claims About What Really Sets Tesla Rival Apart
Tuesday, May 7, 2024 - 5:23am | 610Read More...Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk couldn’t resist poking fun at rival EV maker Lucid Group (NASDAQ:LCID), following the latter’s report of a staggering net loss of $680.9 million for the first quarter after generating just $172.7 million in revenue. What Happened: In...
















