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

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Rawlinson says the Tesla CEO has become “distracted with politics” and Tesla customers and employees are moving to Lucid. Saudi Money: Saudi Arabia's PIF has invested approximately $8 billion ...

Momentum has swapped between Lucid and Rivian recently. Lucid set delivery records for three straight quarters. Rivian hit a production snag and deliveries have declined. Lucid set a new record ...

https://www.tipranks.com/news/the-fly/magna-price-target-lowered-to-42-from-47-at-rbc-capital Lucid Group announced that it priced its underwritten public offering of ...

John Murphy’s rating is based on a combination of financial results and strategic positioning of Lucid Group. The pre-announced results for the third quarter of 2024 showed revenue figures below ...

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 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 ...

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 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 ...

EV maker launches public offering of 262.4 million shares, but sovereign fund of Saudi Arabia to buy 374.7 million shares Shares of Lucid Group Inc. took a deep dive in early Thursday trading ...

Lucid is selling more than 600 million new shares, which will significantly dilute shareholders. Its preliminary Q3 results show revenue and operating loss essentially flat on a sequential basis ...