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2 EV Stocks Taking a Dive After Earnings

01:29pm, Thursday, 22'nd Feb 2024
Shares of electric vehicle (EV) firms Rivian Automotive Inc  (NASDAQ:RIVN) and Lucid Group Inc (NASDAQ:LCID) are plummeting this afternoon, following quarterly results.
Lucid (NASDAQ: LCID ) stock is down by nearly 20% after the electric vehicle (EV) company reported its Q4 earnings. During the quarter, revenue tallied in at $157.2 million, falling short of the analy
Lucid Group Inc (NASDAQ:LCID) joined its electric vehicle sibling Rivian by crashing by a fifth on the Nasdaq in opening Thursday trades. The California-based maker of luxury EVs posted $2.8 billion

Why Lucid Stock Is Driving Off the Road Today

11:07am, Thursday, 22'nd Feb 2024
Lucid's quarterly loss was in line with expectations, though revenue was weak. The stock is moving on guidance suggesting much slower production than expected up ahead.
Lucid (NASDAQ: LCID ) stock is slipping on Thursday after the electric vehicle (EV) company's shares were hit with a downgrade by Cantor Fitzgerald analysts. That downgrade drops shares of LCID stock

Is Lucid Motors a buy or sell?

07:58am, Thursday, 22'nd Feb 2024
As hard as it tries to advance its business, the electric vehicle (EV) maker Lucid Motors (NASDAQ: LCID) has so far failed to meet investor expectations and has recorded loss after loss since its init
Electric-vehicle startups Rivian and Lucid both provided disappointing guidance. The U.S. luxury EV market looks saturated.
Electric vehicle (EV) stocks will be in the spotlight on Thursday as investors reflect on more bad news in the industry. Most of these companies have already crashed by double-digits this year and ana
Lucid Group, Inc. (LCID) Q4 2023 Earnings Call Transcript
Lucid Group (LCID) came out with a quarterly loss of $0.29 per share versus the Zacks Consensus Estimate of a loss of $0.28. This compares to loss of $0.40 per share a year ago.
Lucid Motors plans to build just 9,000 electric vehicles in 2024, only 500 to 1,000 more than it made in 2023, as it struggles with demand for its luxury sedans.
Lucid Group forecast annual vehicle production far below analysts' estimates on Wednesday, on signs that demand for its luxury electric vehicles will slow down as high interest rates pinch consumer bu
Danielle Shay, Simpler Trading vice president of options, joins 'The Exchange' to discuss how to trade Rivian, Lucid and Synopsys.
California-based Lucid Group (NASDAQ: LCID ) has provided investors with plenty of disappointment recently, as the company showcased lower-than-expectations earnings in its recent report. Fourth quart

Why Lucid Group Stock Tumbled on Tuesday

05:25pm, Tuesday, 20'th Feb 2024
A proposed set of stiff rules for EV adoption might be relaxed by the Biden administration. Carmakers would get more leeway in shifting their production in favor of such models.
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