Many of these stocks are enjoying a resurgence this week after a key Reddit personality resurfaced. These three EV-related companies are all trading at fractions of their former valuations, but all ha

Why Is Lucid Motors (LCID) Stock Up 17% Today?

12:10pm, Tuesday, 14'th May 2024
Lucid Motors (NASDAQ: LCID ) stock is rising higher on Tuesday as recent interest in meme stocks are causing many to rally. In Lucid Motors' case, it is often of interest to retail and day traders.

Short squeeze alert for Lucid stock

10:36am, Tuesday, 14'th May 2024
On May 14, 2024, Lucid Motors (NASDAQ: LCID) stock surged dramatically, trading at $3.18, up by $0.37 (13.21%) today. This spike has generated buzz about a potential short squeeze.

3 Meme Stocks That Are Likely to Crater in 2024

06:47am, Tuesday, 14'th May 2024
Meme stocks have the potential to completely change the portfolio health even with a limited exposure of 5% to 10%. The best example now is Carvana (NYSE: CVNA ), which surged from under-$5 levels at
Lucid's stock was trading higher on Monday. While investors seem excited about the White House's plan to quadruple China EV tariffs, it might not do much for Lucid's sales.
Murmurs of a potential hard economic landing are resurfacing after a marked downturn in U.S. GDP during the first-quarter (Q1).  The U.S. economy slowed sharply in Q1, growing at just 1.6%, lagging s
The Biden administration is preparing to raise tariffs on Chinese EV imports fourfold. Current law imposes a 27.5% tariff on Chinese EVs imported into the U.S. The new rate would be 102.5%.

Lucid Motors: Now A Value Trap

12:28pm, Sunday, 12'th May 2024
Lucid Motors reported better-than-expected sales and a narrowing of losses for the first quarter of 2024. However, the company continues to produce and deliver a very small amount of electric vehicles
When high-flying stocks plunge by 50% or more, there is always a temptation to consider exposure at oversold levels. There are cases of a strong rally after a big sell-off on the back of a short-squee
Ford Motor Co. is bringing aboard a veteran of the electric- and autonomous-vehicle industries who is set to become its new chief financial officer next year, the automaker said Friday, as it rethinks
Ford named the former CFO of electric vehicle startup Lucid to replace its current CFO, who is being promoted to more closely see the company's turnaround plan.
Rivian, Lucid and Nikola this week each detailed plans to reduce costs while attempting to grow operations and make their first profits.
Lucid CEO Peter Rawlinson said Chinese automakers are still "years behind" Tesla on EV technology.  He told a Financial Times conference that car companies should not "underestimate" Chinese firms.
Ford Motor said on Friday CFO John Lawler would take on the additional role of being the company's vice chair and that former Lucid Motors finance chief Sherry House will join the company and succeed
For Lucid (LCID) and Rivian (RIVN) it's a race between releasing a widely embraced, lower priced vehicle, notes Dave Nicholson. He breaks down this week's E.V.
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