Lucid Group Inc
NASDAQ: LCID
$2.10
+$0.04 (+1.9%)
Closing Price on November 22, 2024
LCID Articles
: 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...
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: 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...
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Lucid has been a penny stock for almost two years, and one that has underperformed the broader market in that time.
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Is Wall Street too optimistic about Rivian Automotive stock, given these three glaring problems that the electric vehicle maker faces?
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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. ...
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Lucid Group stock may have its proponents. However, the challenges the luxury electric vehicle maker faces are myriad.
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24/7 Wall St. Insights Shares of Lucid Group Inc. (NASDAQ: LCID) underperformed the broader markets last week. Also: Discover the Next Nvidia. A penny stock refers to a small company’s stock that...
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Electric vehicle (EV) start-ups offer compelling investment opportunities as the shift from gasoline vehicles accelerates over the long-term. That’s been the thesis since many automakers, such as...
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Friday could be the day the ‘high interest rate era’ of the market ended. Jerome Powell issued the keynote at the Fed’s annual retreat in Jackson Hole and said “the time has come for policy...
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: Small EV companies like Rivian and Lucid struggle due to intense competition and reliance on partners like Amazon. The EV market is crowded with major brands, making it tough for smaller players to...
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Since late last year, electric vehicle (EV) companies have been struggling to find their footing. Many of these EV makers are facing major challenges in meeting demand (which is declining) and...
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Shares of deeply troubled electric vehicle (EV) maker Lucid have dropped almost 10% to an all-time low.
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In the first quarter of 2024, most EV stocks saw double digit declines, despite the S&P 500 rising 10%. The shift appears to be directly tied to slowing demand of EVs in U.S and China, impacting...
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Lucid said it produced a little over 2,100 vehicles last quarter. There is a reason it shares are down 80% in the past two years.
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24/7 Wall St. Insights The financial situation at Lucid Group Inc. (NASDAQ: LCID) is such that it will never escape the penny stock category. Also: Dividend legends to hold forever. “A penny stock...
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