Lucid stock is less than 5% of what it was at its peak. The primary concern about the struggling EV maker is whether it can ...
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 ...
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 ...
Churchill Capital Corp IV, which used to trade under the ticker CCIV, existed well before merging with Lucid. The stock’s all-time high of $64.86 occurred before the merger was finalized in July ...
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 ...
The Lucid Air and the brand-new Lucid Gravity are premium products with a limited buyer pool. The company's cheaper mid-sized SUV won't arrive until late 2026. Given Lucid's financial losses and ...
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 (NASDAQ: LCID), a fledgling producer of luxury electric vehicles (EVs), went public by merging with a special purpose acquisition company (SPAC) on July 26, 2021. The combined company's ...
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 ...