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 ...
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 ...
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 ...
BofA also slashed its Lucid price target to $1 from $3. Alongside the leadership change, Lucid said it expects to produce around 20,000 vehicles in 2025, up from roughly 9,000 cars in 2024. Still ...
Peter Rawlinson helped found the company and served as its first CTO. But he’s not leaving Lucid quite yet. Peter Rawlinson helped found the company and served as its first CTO. But he’s not ...
The EV frame is complimented by lighter and more compact motors and batteries (something Lucid Motors is constantly celebrated for). These design elements combine to deliver what Longbow calls ...
Lucid Motors is changing CEOs for the first time in nearly six years. The company announced Tuesday that Peter Rawlinson is stepping down from the CEO and CTO roles that he’s held since before ...
American electric vehicle startup Lucid is burning through cash at an alarming rate as it tries desperately to avoid the same fate that hit defunct automakers like Canoo and Nikola. The struggles ...
Electric vehicle maker Lucid (NASDAQ:LCID) is set to post its fourth quarter earnings on Tuesday, after the closing bell. Wall Street expects the Newark, California-based company to post EPS of -$ ...
Lucid Group (NASDAQ:LCID) traded lower on Wednesday after the company issued its Q4 earnings report and announced a CEO transition. In addition to leading the company, Peter Rawlinson was largely ...
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