Lucid Revs Up Aston Martin's EV Plans

10:48am, Monday, 26'th Jun 2023
A deal for the electric-vehicle startup to share its technology with British sports-car maker Aston Martin may not be the last such collaboration.
Lucid Group Inc (NASDAQ: LCID) are up 15% this morning after the EV company announced a new deal with Aston Martin Lagonda Global Holdings PLC (LON: AML).
Lucid Motors (NASDAQ: LCID), the luxury electric vehicle (EV) manufacturer, has encountered a challenging year so far after grappling with missed revenue expectations and the need to reduce its workfo
Aston Martin is one step closer to its planned 2025 entry into the electric vehicle market after reaching a deal with Lucid Group.

Why Is Lucid Motors (LCID) Stock Up 10% Today?

09:32am, Monday, 26'th Jun 2023
Lucid Motors (NASDAQ: LCID ) stock rose almost 10% over the weekend after it struck a deal to share its powertrain technology with Aston Martin (OTCMKTS: ARGGY ). Lucid gets a 3.7% stake in the Britis
Aston Martin Lagonda Global Holdings PLC (LSE:AML)'s supply deal with Lucid Group helped fuel the carmaker's continuing share price gains on Monday, but it won't provide all the answers. That's accord
Nasdaq futures indicated a flat opening on Monday. Lucid Group stock climbed after announcing a strategic partnership with Aston Martin.

5 Things to Know Before Markets Open

07:25am, Monday, 26'th Jun 2023
Lucid shares surged after announcing a deal with luxury automaker Aston Martin, and Tesla shares fell as Goldman Sachs analysts join others in downgrading the stock. Here's what investors need to know
Shares of Lucid Group Inc. LCID, -4.54% surged 7.3% in premarket trading Monday, a day after closing at a record low, after the electric vehicle maker and battery pack maker disclosed an agreement wit
Lucid obtains a 3.7% a stake in Aston Martin, and replaces Mercedes as the battery provider for the British luxury car maker.
Aston Martin Lagonda Global Holdings PLC (LSE:AML) has unveiled a move into the electric vehicle market and extended its relationship with Mercedes-Benz. The high performance car manufacturer has join

Why EV Stocks Got Crushed This Week

01:55pm, Friday, 23'rd Jun 2023
Price cuts continue, especially at industry leader Tesla. EV manufacturers that don't have profitable operations are running out of cash, and falling prices don't bode well for future cash flow.
Lucid Group (NASDAQ: LCID ) stock hit a 52-week low as UBS (NYSE: UBS ) predicted falling car prices ahead.  The stock was trading early this morning at $5.66 per share, a market capitalization of $1

Why Lucid Stock Dropped Today

11:50am, Thursday, 22'nd Jun 2023
Lucid hasn't joined in adopting Tesla's charging platform. The personal relationship between Peter Rawlinson and Elon Musk may be part of the reason.
Barclays Bank downgraded Tesla stock to hold today -- but Tesla wasn't the only EV stock to tumble. Barclays worries about "inelastic" demand for EVs, such that price cuts may not spur greater demand.
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