Saudi Arabian investment funds completed the purchase of about $1 billion of shares of electric-vehicle maker Lucid.
Investors got a shock when Lucid announced plans to sell shares to raise money, even as its production and delivery numbers ...
EV maker Lucid Motors opened orders for its Gravity SUV on Thursday, aiming to increase its total addressable market.
Lucid beat Wall Street expectations for third-quarter revenue on Thursday and reiterated its annual production forecast as it ...
Lucid Motors is optimistic that its latest EV, the Gravity SUV, will significantly improve its profit margins in response to ...
Despite weak EV demand, the truck maker said it's on track to make a gross profit in the last three months of the year.
Lucid Motors beat Wall Street's Q3 expectations through forward-looking cost-cutting initiatives, record deliveries, and ...
Additionally, it could make it harder for smaller players to compete against Tesla and gain market share in the space. While Lucid is seeing big sell-offs today, Tesla stock is surging. The EV ...
Lucid Group, Inc (NASDAQ: LCID) has started taking orders for electric Gravity SUV to rival Tesla's Model X. Production to ...
Lucid (LCID), a penny stock, gained about 2% in yesterday’s trading session. The upside came after the company’s SEC filing revealed that LCID’s largest shareholder, Saudi Arabia’s Public ...
Lucid had been gaining momentum with three straight quarters of record deliveries, but recently hit two speed bumps.
Lucid announced it would sell shares to Saudi Arabia's Public investment Fund. The company officially filed SEC documents today showing the purchase of 396 million shares. Lucid has enough cash to ...