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 ...

NEWARK, Calif. (AP) — NEWARK, Calif. (AP) — Lucid Group, Inc. (LCID) on Thursday reported a loss of $992.5 million in its third quarter. On a per-share basis, the Newark, California-based company said ...

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’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 ...

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 ...

In other words, Lucid must continue executing well as it aims to launch its Gravity SUV and mid-sized platform while competing against its more established competitors for market share.

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 ...

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 ...

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 Motors stock (LCID) is sliding after the electric vehicle maker announced another capital raise via a share sale late Wednesday night, as the California-based automaker seeks further runway ...

The brand’s second model and first luxury SUV will start at $94,900 when orders open next month, with less expensive trims coming in 2025. California-based electric vehicle startup Lucid Motors ...

Sjoerd van der Wal / Getty Images Lucid Group announced it would be selling approximately 637 million shares in a public offering and to its largest shareholder. The struggling electric vehicle ...