Lucid founder CEO Peter Rawlinson suddenly quit in February. Lucid expects to double production in 2025. However, not many are convinced about the EV maker's capabilities. After announcing a new ...

Lucid stock is jumping amid a sea of red ink today. One Wall Street analyst came away impressed after a meeting with management and thinks the stock will more than double. Shares of the luxury ...

Lucid reported the 2024 financial results, confirming widening losses amounting to $2.7 billion for the year. This brings Lucid's accumulated deficit to $12.9 billion, with no hope of stopping ...

The new CEO will help Lucid execute its strategy and prepare for the next chapter. "Now that we have successfully launched the Lucid Gravity, I have decided it is finally the right time for me to ...

After four straight record quarters, Lucid delivered 10,241 vehicles last year. That’s up 70% from the roughly 6,000 EVs Lucid delivered in 2023. In the final three months of 2024, the company ...

Despite Lucid Group (NASDAQ:LCID) driving higher after hours following its fourth-quarter earnings report that was released on Tuesday, Feb. 25, the stock crashed when the markets opened ...

Lucid Motors is changing CEOs for the first time in nearly six years. The company announced Tuesday that Peter Rawlinson is stepping down from the CEO and CTO roles that he’s held since before ...

Peter Rawlinson helped found the company and served as its first CTO. But he’s not leaving Lucid quite yet. Peter Rawlinson helped found the company and served as its first CTO. But he’s not ...

BofA also slashed its Lucid price target to $1 from $3. Alongside the leadership change, Lucid said it expects to produce around 20,000 vehicles in 2025, up from roughly 9,000 cars in 2024. Still ...

The EV frame is complimented by lighter and more compact motors and batteries (something Lucid Motors is constantly celebrated for). These design elements combine to deliver what Longbow calls ...

Shares of Lucid (LCID) jumped in after-hours trading after the EV company reported earnings for its fourth quarter of Fiscal Year 2024. Lucid produced 3,386 vehicles and delivered 3,099 ...

American electric vehicle startup Lucid is burning through cash at an alarming rate as it tries desperately to avoid the same fate that hit defunct automakers like Canoo and Nikola. The struggles ...