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Lucid delivered its first Air sedans in late 2021, and it originally claimed it could deliver 20,000 vehicles in 2022 and 49,000 vehicles in 2023. It planned to launch its second vehicle, the ...
Image source: Lucid. An uncertain EV environment. Electric vehicle sales rose 7% in the U.S. last year, with automakers selling 1.3 million EVs. Lucid took a small sliver of the market, with the ...
When Lucid first went public in 2021, Lucid management projected it would produce and deliver 49,000 vehicles by 2023 and 90,000 by this year. Last year, the company manufactured 8,428 vehicles ...
Image source: Lucid Group. However, having a good product doesn't always translate to being a good company to invest in. One of the first red flags is that Lucid's losses widened in the third ...
For good reason, many investors believe that Lucid (NASDAQ: LCID) is set to become the next Tesla. The company's sales grew heavily in 2024, and analysts expect sales to grow by another 118% in ...
With shares down by almost 50% year to date, Lucid's (NASDAQ: LCID) stock price plunge shows no signs of ending. The electric vehicle (EV) maker's top-line growth has stalled while losses are ...
Lucid's management recently said that it has enough cash on hand to keep the business running "well into 2026," but the company's losses widened in the most recent quarter to $992 million, with ...
Lucid Group (NASDAQ: LCID) is making waves in the luxury electric vehicle (EV) market with an impressive driving range that sets it apart from competitors. After peaking at $57.75 per share in ...