Lucid's CEO has said his company is looking at partnering with traditional automakers. A big potential merger in the automotive sector is in the news. One of Lucid's competitors recently announced ...

That's been the thesis since many automakers, such as Lucid Group (NASDAQ:LCID) went public in mid-2021 as part of a SPAC merger. Unfortunately, the growth story hasn't quite played out as expected.

Investors are likely thinking that Lucid needs to take the same approach. With the CEO stating his desire to do so, and a potential new automotive merger in the news, Lucid stock is getting a ...

Lucid generated just $595 million in revenue in 2023, which was well below the $5.53 billion target it had set in its pre-merger presentation. For 2024, Lucid expects to produce approximately ...

In February 2021, special-purpose acquisition company (SPAC) Churchill Capital announced a reverse merger with luxury EV maker Lucid Motors. Churchill had gone public at $10 a share in September ...

The sequence of deals makes up IFR’s Financing Package of the Year. Lucid Group, an EV maker steeped in technology, turned heads in February when it announced plans to go public via a SPAC merger, ...

Shares of Lucid Group (NASDAQ: LCID) have been flying higher in recent weeks. That move continued in today's holiday-shortened trading session. After jumping more than 10%, Lucid shares held on to ...

At the end of 2024, Honda and Nissan announced a merger to form a new company that will share products and ideas. Well, it’s been met with mixed reactions, to say the least. However, it did get me ...