Lucid Group Inc

NASDAQ: LCID
$3.33
-$0.07 (-2.1%)
Closing Price on October 14, 2024

LCID Stock Chart and Intraday Price

LCID Stock Data

Asset Type Stock
Exchange NASDAQ
Currency USD
Country USA
Sector REAL ESTATE & CONSTRUCTION
Industry BLANK CHECKS
Address 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK, NY, US
Fiscal Year End December
Latest Quarter 12/31/2023
Market Cap 7,656.30M USD
Shares Outstanding 2,299,190,000
Lucid Group Inc is a pioneer in the electric vehicle (EV) market, focusing on designing, engineering, manufacturing, and selling high-end EVs, powertrains, and battery systems. With a strong emphasis on in-house software development for its vehicles, Lucid aims to enhance the driving experience. The company offers its luxury vehicles through a mix of direct online sales and a growing retail network, supported by Lucid Financial Services. Founded in 2007 and based in Newark, California, Lucid operates under the umbrella of Ayar Third Investment Company.

LCID Articles

: EV Interest Drops: Fewer people are considering buying EVs this year. Lucid’s Big Losses: Lucid Motors lost $790 million in Q2, losing $330K per car sold. Small EV Companies at Risk: Lucid’s...
Lucid has been a penny stock for almost two years, and one that has underperformed the broader market in that time.
Is Wall Street too optimistic about Rivian Automotive stock, given these three glaring problems that the electric vehicle maker faces?
24/7 Insights Brands like Canoo and Lucid may not survive till 2030.  Longstanding brands like Buick need help to survive.  Questions remain about whether Rivian can make it another ten years. ...
Lucid Group stock may have its proponents. However, the challenges the luxury electric vehicle maker faces are myriad.
24/7 Wall St. Insights Shares of Lucid Group Inc. (NASDAQ: LCID) underperformed the broader markets last week. Also: Discover the Next Nvidia. A penny stock refers to a small company’s stock that...
Electric vehicle (EV) start-ups offer compelling investment opportunities as the shift from gasoline vehicles accelerates over the long-term. That’s been the thesis since many automakers, such as...
Friday could be the day the ‘high interest rate era’ of the market ended. Jerome Powell issued the keynote at the Fed’s annual retreat in Jackson Hole and said “the time has come for policy...
: Small EV companies like Rivian and Lucid struggle due to intense competition and reliance on partners like Amazon. The EV market is crowded with major brands, making it tough for smaller players to...
Since late last year, electric vehicle (EV) companies have been struggling to find their footing. Many of these EV makers are facing major challenges in meeting demand (which is declining) and...
Shares of deeply troubled electric vehicle (EV) maker Lucid have dropped almost 10% to an all-time low.
In the first quarter of 2024, most EV stocks saw double digit declines, despite the S&P 500 rising 10%. The shift appears to be directly tied to slowing demand of EVs in U.S and China, impacting...
Lucid said it produced a little over 2,100 vehicles last quarter. There is a reason it shares are down 80% in the past two years.
24/7 Wall St. Insights The financial situation at Lucid Group Inc. (NASDAQ: LCID) is such that it will never escape the penny stock category. Also: Dividend legends to hold forever. “A penny stock...
Wall Street is not entirely optimistic about the prospects for Lucid stock. So why is the electric vehicle's share price on the rise?