The company’s net loss for the third quarter widened to $992.5 million compared with a loss of $630.9 million a year earlier.
Lucid reports third-quarter revenue of $200.04 million, beating the consensus estimate of $197.97 million, according to Benzinga Pro.
Lucid is just about ready to start production of its second act, the Gravity crossover that was unveiled last year, and we’re now getting a better idea of what it’ll cost. I’ve got some ...
"We continue to see improvements to gross margin performance as our cost reduction efforts are gaining momentum," said Gagan Dhingra, Interim CFO and Principal Accounting Officer at Lucid. "With our ...
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 ...
Shares of Lucid Group (NASDAQ:LCID) fell Thursday morning after the company priced its previously announced securities offering. The offering will be conducted from time to time in one or more ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial ...
There’s no mechanical limited-slip differential here; it uses software to balance the incredible 1,430 pounds-feet of torque that goes to the wheels. Lucid developed the traction control ...
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 ...
Oct 17 (Reuters) - Cash-strapped electric luxury sedan maker Lucid (LCID.O), opens new tab said on Thursday a combined public offering and private placement of roughly 637 million shares would ...
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 To Start Taking Orders for Gravity SUV Next Week, But Only For Premium Variant Priced At About $95,000 California-based EV startup Lucid Motors will start taking orders from customers in the ...