3 EV Start-Ups With Huge Insider Selling Pressure

03:01pm, Wednesday, 12'th Jul 2023
Investing in electric vehicle (EV) start-ups has always carried above-average risk. That's because no matter what fuel powers the car, making automobiles is a capital-intensive business.
The Nasdaq Composite climbed 1% Wednesday afternoon. Lucid Group shares dropped double-digit percentages on disappointing delivery and production figures.
Despite a lower-than-expected inflation report, shares of Lucid (NASDAQ: LCID ) are plunging lower after the electric vehicle (EV) company provided an update for the second quarter. Lucid produced 2,1

Lucid: Q2 Deliveries Disaster

12:01pm, Wednesday, 12'th Jul 2023
Lucid Group, Inc. delivered 1,404 vehicles in Q2, missing street estimates by almost 475 units and marking a sequential decline from Q1. The company's production has outpaced deliveries by over 4,100
Lucid Group Inc (NASDAQ:LCID) shares fell 12% to $7.16 in early Wednesday trading after the luxury electric vehicle maker revealed that it delivered 1,404 of its Air sedans to customers in the second

Why Lucid Shares Hit the Brakes Today

10:42am, Wednesday, 12'th Jul 2023
Lucid began shipping vehicles to Saudi Arabia, but it showed no growth in vehicle sales compared to the first quarter. Lucid will update investors further on Monday, Aug. 7 with its full second-quarte
Lucid built over 2,000 Air luxury sedans in the second quarter, but delivered just 1,404, adding to ongoing concerns about demand for the high-priced EV.
Lucid Group Inc. LCID, +2.40% said Wednesday that it delivered 1,404 vehicles during the second quarter, while producing 2,173 vehicles at its Arizona facility. FactSet lists only one estimate for Luc

Lucid delivers 1,404 EVs in the second quarter

09:12am, Wednesday, 12'th Jul 2023
Lucid Group said on Wednesday its electric-vehicle deliveries were flat in the second quarter compared with the previous one amid stiff competition from market leader Tesla.

What Drove Lucid Stock Down 11% in June

05:19pm, Monday, 10'th Jul 2023
Lucid announced a plan to raise $3 billion through two offerings. An analyst projected that Tesla would wear the crown as the leader among original equipment manufacturers.
Lucid Group (NASDAQ: LCID ) stock could be in bigger trouble than you think. Tesla (NASDAQ: TSLA ) CEO Elon Musk is known for being outspoken.
Lucid Group (NASDAQ: LCID ) stock could be in bigger trouble than you think. Tesla (NASDAQ: TSLA ) CEO Elon Musk is known for being outspoken.
While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.
Rivian got a big upgrade from a Wall Street analyst Friday. In addition, the softer-than-expected June jobs report could take some pressure off interest rates.
While pure-play electric vehicle stocks have lost some of the interest seen in 2020-2021, demand continues to grow for the overall future mobility market including pure-play stocks like Tesla (TSLA) a
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