Peter Rawlinson

EV maker Lucid Group (NASDAQ:LCID) expects sales to fall in the upcoming two quarters after reporting a nearly 40% year-on-year uptick in the first quarter. What Happened: Lucid’s first-quarter deliveries jumped nearly 40% from a year earlier to 1,967 vehicles. However, for the second and...

Electric vehicle company Lucid Group, Inc. (NASDAQ:LCID) reported first-quarter financial results after market close Monday. Here are the key highlights. What Happened: Lucid reported first-quarter revenue of $172.7 million, which beat a Street consensus estimate of $157.0 million, according to...

Tesla CEO Elon Musk credited German carmaker Daimler AG with saving the EV giant in the aftermath of the 2008 financial crisis when it was on the brink of bankruptcy. What Happened: Musk revealed on X, formerly Twitter, that Mercedes-Benz parent Daimler invested $...

Electric vehicle (EV) company Lucid Group Inc (NASDAQ:LCID) will report fourth-quarter (Q4) financial results after market close on Wednesday. Here's a look at the key earnings estimates, what analysts are saying and key items to watch. Earnings Estimates: Analysts expect Lucid to report fourth-...

Luxury EV maker Lucid Group Inc (NASDAQ:LCID), on Thursday, said that its board approved a $6 million cash bonus for its CEO Peter Rawlinson, a move that rival CEO Elon Musk deems is inversely proportionate to his performance. What Happened: In an 8-k filing with the U.S. Securities and Exchange...

Tesla CEO Elon Musk expressed frustration on Wednesday at the yearly compensation of rival EV maker Lucid Group CEO Peter Rawlinson, particularly in light of Musk’s own $56 billion pay package being invalidated by Delaware’s Court of Chancery....

Distribution rights to one of the most well-known spy movie franchises now belong to Amazon.com Inc (NASDAQ:AMZN) after the e-commerce giant acquired media company MGM. The next James Bond installment could provide a boost to Amazon's media efforts and also help an electric vehicle company. What...

EV maker Lucid Group Inc (NASDAQ:LCID) is reportedly preparing to launch its competitively priced mid-sized EV earlier than previously expected. The vehicle, once out, will be up against Tesla’s cheaper, more popular models 3 and Y. What Happened: Lucid’s CEO Peter Rawlinson said in an...

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk on Monday responded with surprise to the resignation of rival EV maker Lucid Group Inc‘s (NASDAQ:LCID) Chief Financial Officer Sherry House. What Happened: “!,” Musk wrote on X without elaborating. The CEO was responding to a Tesla...

California-headquartered EV maker Lucid Group Inc (NASDAQ:LCID) on Tuesday announced that it has shaken up its 2024 Lucid Air lineup in a bid to bring down the starting price on its vehicles and appeal to a wider consumer base in the North American market. The changes include lower starting prices...

Luxury EV maker Lucid Group Inc (NASDAQ:LCID) on Thursday launched the RangeXchange, a vehicle-to-vehicle (V2V) adapter, enabling its Lucid Air to directly charge other electric vehicles. What Happened: The adapter facilitates energy transfer from the battery pack of Lucid Air to another EV at a...

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk on Wednesday took yet another dig at luxury EV maker Lucid Group Inc after it reported its third-quarter earnings. What Happened: Lucid reported a quarterly loss of 28 cents per share and revenue of 137.8 million on Tuesday. The company delivered 1,457...

Rivian Automotive, Inc. (NASDAQ:RIVN) and Lucid Group, Inc. (NASDAQ:LCID) reported their quarterly results on Tuesday after the closing bell. The two electric vehicle manufacturers had differing outcomes, leading to divergent stock performances in after-hours trading. What...

Luxury EV maker Lucid Group Inc (NASDAQ:LCID) on Monday teased the interiors of its upcoming vehicle- the Gravity SUV and also a possible limited-edition version. What Happened: Lucid plans to formally unveil the SUV at the LA Auto Show on Nov.16. The vehicle- which the company expects will change...

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk on Monday reacted to EV maker Lucid Group Inc (NASDAQ:LCID) helmed by an ex-Tesla executive joining its supercharger network. What Happened: “That must have been a bitter pill to swallow,” Musk said with a laughing emoji. The CEO was responding to...