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 ...

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 ...

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 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, ...

That's been the thesis since many automakers, such as Lucid Group (NASDAQ:LCID) went public in mid-2021 as part of a SPAC ...