Lucid has a widely acclaimed luxury EV on sale now, and more models on the way. But the company is at least a few years away from profitability, and it's burning a lot of cash.

Is Lucid "8 Years Ahead of Tesla?"

02:22pm, Friday, 16'th Aug 2024
The E.V. company's CEO released a LinkedIn post saying that Lucid is 8 years ahead of Tesla. Jeff Pierce with @CharlesSchwab argues that's not entirely the case when you look at the company's balance

3 EV Stocks With Troubles Ahead

10:40am, Friday, 16'th Aug 2024
Since late last year, electric vehicle (EV) companies have been struggling to find their footing.
Lucid Group LCID CEO Peter Rawlinson has not shied away from praising his company's technology and its superiority over rival electric vehicle companies.
Tesla's Cybertruck was the best-selling car or truck priced over $100,000 in July in the U.S. Lucid says its cars are more efficient than Tesla's -- and will remain so until at least 2032. Toyota shru

Why It's Time to Abandon Lucid Stock

06:00am, Thursday, 15'th Aug 2024
It's good to have friends in high places. That is certainly what Lucid Group (NASDAQ: LCID ) thinks.
The markets went through a phase where it was easy to make money. With macroeconomic and geopolitical headwinds, we are now in a phase where stringent stock screening is needed.
If you've been paying attention, you know that tech stocks have been the rocket fuel propelling this bull market to dizzying heights. However, these high-flyers could come crashing back to Earth when
Lower inflation has caused specution that rates could soon be cut. EV stocks have benefitted because high-borrowing rates were a headwind to the industry.

Why Lucid Stock is crashing

01:18pm, Tuesday, 13'th Aug 2024
The stock price of electric vehicle (EV) manufacturer Lucid (NASDAQ: LCID) is facing a significant downturn despite recently announcing a record-breaking second quarter in vehicle deliveries.

Lucid Shares Collapse Near All-Time Low

06:20am, Tuesday, 13'th Aug 2024
24/7 Wall St. Insights Lucid Group Inc. (NASDAQ: LCID) stock dropped almost 10% to an all-time low.
Lucid reported solid Q2 results last week. Q2 deliveries surged, but the EV company did not upgrade its delivery outlook for the current fiscal year. The electric vehicle company also announced that P
Owners of the upcoming Gravity SUV from Lucid Group LCID could have more options when it comes to charging their electric vehicle.

Why Lucid Stock Is Down Today

11:49am, Monday, 12'th Aug 2024
New economic date due later this week could signal trouble for auto sales. That could be a very big problem for Lucid, which is a long way from profitability.
Recent concerns about the EV market's downturn, driven by slowing sales and price drops, may be premature. The market's evolution, with new players and changing consumer behavior, suggests that tradit
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