Lucid Group Inc

NASDAQ: LCID
$2.14
-$0.12 (-5.1%)
Closing Price on November 6, 2024

LCID Stock Chart and Intraday Price

LCID Stock Data

Asset Type Stock
Exchange NASDAQ
Currency USD
Country USA
Sector REAL ESTATE & CONSTRUCTION
Industry BLANK CHECKS
Address 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK, NY, US
Fiscal Year End December
Latest Quarter 12/31/2023
Market Cap 7,656.30M USD
Shares Outstanding 2,299,190,000
Lucid Group Inc is a pioneer in the electric vehicle (EV) market, focusing on designing, engineering, manufacturing, and selling high-end EVs, powertrains, and battery systems. With a strong emphasis on in-house software development for its vehicles, Lucid aims to enhance the driving experience. The company offers its luxury vehicles through a mix of direct online sales and a growing retail network, supported by Lucid Financial Services. Founded in 2007 and based in Newark, California, Lucid operates under the umbrella of Ayar Third Investment Company.

LCID Articles

After initially tiptoeing around an endorsement, Elon Musk eventually dove head first into backing Donald Trump’s presidential election campaign. He spent more than $130 million on Trump’s...
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Stock market indexes are jumping massive amounts in premarket trading in reaction to last night’s election. Donald Trump beat Kamala Harris to recapture the Presidency while Republicans also won...
24/7 Wall St. Insights Ford Motor Co. (NYSE: F) cutting production of its F-150 Lightning raised questions about electric vehicles in the United States in the short term. One troubled EV company is...
24/7 Wall St. Insights Rivian Automotive Inc. (NASDAQ: RIVN) has received two pieces of bad news that raise the question of whether it can survive as an independent company. Also: Dividend legends to...
A strong quarter lifted Tesla stock but not Lucid shares. It is hard for investors to see that things will get better for the smaller EV maker.
Lucid's CEO offered a weak defense for diluting the EV maker's stock. It is no surprise the share price has plunged in the past two years.
Lucid (Nasdaq: LCID) has an overly expensive, unappealing vehicle line up Shareholders continue to get heavily diluted as the company searches for a path forward Financial tricks like a reverse...
Lucid stock plunged on news that it would sell stock to raise cash. The electric vehicle maker's prospects don't look good. Here's why.
Lucid stock has underperformed this year and is a penny stock. The electric vehicle maker's prospects don't look good. Here's why.
: Rivian (Nasdaq: RIVN) has decreased production from 57,000 to 47- 49,000 vehicles due to supply chain issues The company’s service network is underwhelming, and may scare away buyers Shares have...
: EV Interest Drops: Fewer people are considering buying EVs this year. Lucid’s Big Losses: Lucid Motors lost $790 million in Q2, losing $330K per car sold. Small EV Companies at Risk: Lucid’s...
Lucid has been a penny stock for almost two years, and one that has underperformed the broader market in that time.
Is Wall Street too optimistic about Rivian Automotive stock, given these three glaring problems that the electric vehicle maker faces?
24/7 Insights Brands like Canoo and Lucid may not survive till 2030.  Longstanding brands like Buick need help to survive.  Questions remain about whether Rivian can make it another ten years. ...
Lucid Group stock may have its proponents. However, the challenges the luxury electric vehicle maker faces are myriad.