Lucid, backed by Saudi Arabia's Public Investment Fund, has been raising money, including $1.75 billion last month through a ...

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 ...

Amid challenging market conditions and component shortages, Rivian aims to post its first gross profit in Q4, driven by ...

October turned out to be the worst month of 2024 so far for Lucid Group (NASDAQ: LCID), with the electric vehicle (EV) stock ...

Electric vehicle maker Lucid Motors (LCID) reported a third quarter revenue beat and narrower-than-expected loss as the company gears up for the all-important release of its Gravity electric SUV. For ...

On the plus side, Lucid has strong financial backing from Saudi Arabia's Public Investment Fund, and the company recently announced new stock sales. The company has sufficient funding and should be ...

The company’s losses of $992.5 million in Q3 compared with $630.9 million in 2023. Revenue reached $200 million, narrowly beating estimates of $198 million. Lucid said it delive ...

Saudi Arabia is rapidly emerging as a global leader in advanced manufacturing and logistics, driven by its ambitious Vision ...

EV maker Lucid Motors opened orders for its Gravity SUV on Thursday, aiming to increase its total addressable market.

Lucid Group reported a stronger than expected revenue for the third quarter and stuck with its full year production forecast, ...

Reducing costs is critical for Rivian and its peers as consumers facing high borrowing costs are choosing less expensive ...