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In 2024, the EV industry's challenges with diminishing production, deliveries, and potential bankruptcies have impacted Lucid (NASDAQ: LCID), thus seeing its stock value drop by 36% since the start of
Tesla reported a 9% decline in first-quarter deliveries. Rivian beat first-quarter delivery estimates, but still sees weak growth this year.
Lucid Group (LCID) closed the most recent trading day at $2.86, moving +0.35% from the previous trading session.

Is This Good or Bad News for Rivian and Lucid?

02:33pm, Monday, 01'st Apr 2024
Hyundai is making a big $51 billion investment, mostly in its EV efforts. Hertz pulled back on its EV gamble for reasons that don't bode well for Rivian and Lucid.
Lucid (LCID) is set to raise a $1 billion investment from an affiliate of Saudi Arabia's PIF to fulfill its capital needs.

Is Lucid the Next Fisker?

03:38am, Monday, 01'st Apr 2024
Lucid ended 2023 in a much better financial position than Fisker. The electric-vehicle maker is still able to attract investment.
The stock market wrapped up the first quarter of 2024 on a positive note, driven by a widespread sense of optimism regarding the economy's health and the anticipated decisions from the Federal Reserve
Goldman Sachs (NYSE: GS ) Research predicts electric vehicle (EV) sales will eventually increase due to declining battery prices, despite current slowdowns in EV investment. Further, there is a projec
Lucid Group (LCID) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

A Little Good News for Lucid Investors

10:29am, Wednesday, 27'th Mar 2024
Lucid received a $1 billion investment from an affiliate of Saudi Arabia's Public Investment Fund. Lucid ended 2023 with roughly $4.8 billion in total liquidity.
Despite being priced at under $3 per share, Lucid Group (NASDAQ: LCID ) stock is one that many investors continue to consider to be overvalued. Some analysts have put forward optimistic target prices
A few months ago most consumers and investors were expecting rate cuts perhaps as early as February or March. Today, it looks like June is the more likely scenario.

Lucid stock surges on news of $1 billion deal

07:53am, Tuesday, 26'th Mar 2024
The electric vehicle (EV) industry has had a slow start to the year, with many of its major players facing difficulties and some teetering on the brink of bankruptcy. However, there seems to be a glim

Why Lucid Stock Is Soaring Today

01:06pm, Monday, 25'th Mar 2024
The EV maker announced that it has agreed to sell new stock to a Saudi Public Investment Fund affiliate. The $1 billion stock sale could push the Saudi investment fund's stake in Lucid above 64%.

Lucid (LCID) Jumps on $1B Investment

12:27pm, Monday, 25'th Mar 2024
Lucid (LCID) shares jump on a $1B investment. Renita Young discusses this as Ayar Third Investment Company is to purchase stock.
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