The battery powers a pair of electric motors that produce the equivalent of 828 horsepower. The company said the Gravity ...

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 ...

Lucid said. "While the offering helps boost liquidity, the fact it resorted to issuing equity after such a precipitous decline for the stock over the past several quarters is a major red flag ...

Lucid Group, Inc. announced a $1.7 billion equity raise, causing a 15% stock drop and significant dilution for investors, highlighting its reliance on cash infusions. Despite a 16% QoQ increase in ...

Despite admitting “the market is tough,” Lucid Motor’s (LCID) CEO Peter Rawlinson said the luxury EV maker is outpacing its rivals. With nearly 2,800 vehicles delivered in Q3, Lucid broke ...

Lucid Motors will begin accepting reservations for its second vehicle, the 2025 Lucid Gravity SUV, on Nov. 7. The entry-level Gravity will carry an MSRP of $79,900. With the expected delivery ...

Lucid’s stock has plunged 95% from its post-merger high. It’s disappointed investors with its sluggish deliveries and supply chain issues. It probably won’t come anywhere close to matching ...

You can currently lease a 2024 Lucid Air Pure for under $550 a month. The upcoming 2025 model is also available for pre-order at a slightly higher price. Lucid is also offering up to two years of ...

When Lucid (NASDAQ: LCID) went public by merging with a special purpose acquisition company (SPAC) three years ago, some bullish investors believed the luxury electric vehicle maker could become ...

Lucid Group (NASDAQ:LCID) plans to sell more than 262M new shares, according to a recent filing with the U.S. Securities and Exchange Commission. The offering will be conducted from time to time ...

A year after debuting at the 2023 Los Angeles Auto Show, the Lucid Gravity is finally going into production. The follow-up act to the acclaimed Lucid Air sedan, the Gravity is an electric SUV that ...

Lucid Motors (LCID) stock was down as much as 20% during Thursday’s pre-market after the company announced plans to sell over 262 million shares. The new stock offering is causing share prices ...