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Lucid Announces Layoffs. The Stock Drops.

06:15pm, Tuesday, 28'th Mar 2023
The electric vehicle maker announced on Tuesday plans to cut 1,300 workers in a bid to cut costs.
Lucid CEO Peter Rawlinson said the job cuts will hit "nearly every organization and level, including executives."
Lucid Group, the U.S. automaker that produces the luxury all-electric Air sedan, is cutting its workforce by 18% as part of a restructuring, the company disclosed in a regulatory filing. The layoffs,

Why Lucid Stock Coasted Downhill Today

03:31pm, Tuesday, 28'th Mar 2023
Reports say Lucid is about to announce a large layoff. Some investors aren't waiting for confirmation from the company.
Lucid Group Inc. LCID plans to lay off roughly 18% of staff, which would mean more than 1,000 job cuts, according to a Tuesday report. Insider reported that the electric-vehicle maker revealed the pla
Electric-vehicle maker Lucid Group Inc is planning to lay off about 18% of its workforce, Insider reported on Tuesday, citing sources familiar with the matter and an internal memo.
In an all-hands meeting and email to staff, Lucid said the layoffs would begin over the next three days and affect about 18% of the company.

Lucid recalls Air sedans over power loss risks

06:48pm, Monday, 27'th Mar 2023
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb Yahoo Finance automotive reporter Pras Subramanian joins the Live show to discuss a Lucid recall. About Yahoo Finance: At Yahoo Finance, you get fre
Shares of Lucid (NASDAQ: LCID ) stock are in focus after the emerging electric vehicle (EV) company disclosed that defective electrically activated contact switches in the 2022 and 2023 versions of th
Lucid Group issued a recall for hundreds of Air sedans over a flaw that could cause the vehicles to lose power and increase the risk of a crash, according to a filing with the National Highway Traffic

Why Is Everyone Talking About Lucid Stock?

10:43am, Monday, 27'th Mar 2023
Lucid is in the earlier stages of ramping up production.

What's Going on With Lucid Stock?

09:23am, Monday, 27'th Mar 2023
The luxury EV carmaker is no longer supply constrained.

7 EV Stocks to Sell as Competition Heats Up

03:20pm, Sunday, 26'th Mar 2023
Although electric vehicle stocks have become far less hot during this bear market, the pivot towards vehicle electrification keeps moving forward. Even so, that doesn't mean every EV stock is a buy.
Lucid Group, Inc. (LCID) closed at $8.19 in the latest trading session, marking no change from the prior day.

Why Now Is NOT the Time to Buy Lucid Stock

12:06pm, Thursday, 23'rd Mar 2023
It's indisputable that electric vehicle (EV) manufacturer Lucid Group (NASDAQ: LCID ) is eyeing the Saudi Arabian automotive market as a potential revenue source. Will this be enough to counterbalance
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