-
Lucid CEO Criticizes Rivals For 'Disservice' To Customers With 'Premature' Reservation Lists, Says Will Open Gravity Bookings At 'Appropriate Time'
Tuesday, August 6, 2024 - 8:28am | 544Lucid Group (NASDAQ:LCID) CEO Peter Rawlinson on Monday refused to give a date for opening reservations of its upcoming Gravity SUV, while also criticizing rival auto companies for ‘prematurely’ opening a reservation list. What Happened: Rawlinson said that the company will open...
-
Lucid Q2 Earnings Highlights: Revenue Beat, EPS Miss, $1.5-Billion Financing Commitment From Saudi Investment Fund
Monday, August 5, 2024 - 4:24pm | 509Electric vehicle company Lucid Group (NASDAQ:LCID) reported second-quarter financial results after the market close Monday. Here are the key highlights. What Happened: Lucid Group reported second-quarter revenue of $200.6 million, beating a Street consensus estimate of $192.06 million, according to...
-
Lucid Commences Pre-Production Of Model X Rival Gravity SUV: 'Not All EVs Are Born Equal,' Says CEO Peter Rawlinson
Wednesday, July 31, 2024 - 4:34am | 538Lucid Group (NASDAQ:LCID) CEO Peter Rawlinson on Tuesday shared a short video of him driving the company’s very first pre-production Gravity SUV, slated to start production later this year. What Happened: “…Lucid Gravity moves another step closer to customer’s hands. Not...
-
Lucid Training Nearly 250 Robots To Build Gravity SUV, Says CEO Peter Rawlinson
Friday, June 21, 2024 - 9:11am | 530EV maker Lucid Motors (NASDAQ:LCID) is gearing up to start pre-production of its electric Gravity SUV this summer with a new automated line that has nearly 250 robots. What Happened: The 247 robots at Lucid’s AMP 1 facility in Casa Grande, Arizona, are currently under training, Lucid CEO...
-
Lucid Ready To Swipe Key Trademark From Fisker? Consumers May See This Vehicle Name In The Near Future
Thursday, June 20, 2024 - 9:55am | 448Electric vehicle company Lucid Group Inc (NASDAQ:LCID) stands to benefit from rival Fisker Inc‘s (OTC:FSRN) declaring bankruptcy. While Fisker’s struggles could mean one less competitor in the EV space, Lucid could also get a coveted vehicle name. What Happened: The company released the...
-
Lucid Vs. Tesla: CEO Says Company's Technology Is 'A Number Of Years Ahead' Of EV Leader
Monday, June 17, 2024 - 3:03pm | 687The battle for dominance in the electric vehicle sector could include range of batteries and overall technology, something multiple companies are looking to differentiate themselves on in the sector. A rivalry between Lucid Group In. (NASDAQ:LCID) and Tesla Inc (NASDAQ:TSLA) could intensify with...
-
Electric Up-And Comer Lucid's Stock 'Still In Park': Analysts Expect Investors To Keep 'Conservative Posture' On Tesla Rival
Tuesday, May 7, 2024 - 3:13pm | 502Electric vehicle company Lucid Group Inc (NASDAQ:LCID) reported first-quarter financial results Monday that saw revenue beat and earnings per share miss Street consensus estimates. Analysts size up the results and what's next for the company. The Lucid Analysts: Stifel analyst Stephen Gengaro has...
-
Lucid In Trademark Battle With Tech Giant-Backed Company For Gravity SUV
Tuesday, March 12, 2024 - 3:38pm | 566Electric vehicle (EV) company Lucid Group Inc (NASDAQ:LCID) unveiled its highly anticipated Gravity SUV back in November 2023. The vehicle and company now find themselves in a trademark battle. What Happened: It has been a rough couple of years for Lucid Group as its stock has fallen and production...
-
Lucid Q4 Earnings Preview: All Eyes On Lower EV Production, Delivery Guidance
Tuesday, February 20, 2024 - 1:30pm | 739Electric vehicle (EV) company Lucid Group Inc (NASDAQ:LCID) will report fourth-quarter (Q4) financial results after market close on Wednesday. Here's a look at the key earnings estimates, what analysts are saying and key items to watch. Earnings Estimates: Analysts expect Lucid to report fourth-...
-
Auto Giants Unwrap Christmas Cheer: Tesla, Ford, Rivian And More Hint At Favorites In Heartfelt Holiday Tweets
Wednesday, December 27, 2023 - 9:30am | 1003Several popular automakers took to X, formerly Twitter, on Christmas to wish their drivers and prospective customers. The wishes were coupled with at least a mention of one of their vehicles, offering hints into companies and their personal favorites. Tesla Inc (NASDAQ:TSLA): As expected, Tesla...
-
Lucid Drops Hints Of Limited 'Dream Edition' Gravity SUV
Tuesday, November 7, 2023 - 12:44am | 541Luxury EV maker Lucid Group Inc (NASDAQ:LCID) on Monday teased the interiors of its upcoming vehicle- the Gravity SUV and also a possible limited-edition version. What Happened: Lucid plans to formally unveil the SUV at the LA Auto Show on Nov.16. The vehicle- which the company expects will change...
-
Lucid Group Q2 Earnings Highlights: Revenue Miss, EPS Miss, Delivery Update, Production Guidance, Liquidity And More
Monday, August 7, 2023 - 4:25pm | 470Electric vehicle company Lucid Group (NASDAQ: LCID) reported second-quarter financial results after the market close Monday. Here are the key highlights. What Happened: Lucid reported second-quarter revenue of $150.9 million, which missed a Street estimate of $201.9 million, according to data from...
-
Lucid Motors Analysts Trim Price Targets After Q1 Earnings: Worries Over EV Maker's Future Trigger Discussion Of 'Licensing Model'
Tuesday, May 9, 2023 - 11:38am | 569Electric vehicle company Lucid Group (NASDAQ: LCID) reported first-quarter financial results that saw revenue and earnings per share come in below consensus Street estimates. Here’s a look at what analysts are saying about the first quarter and future production. The Lucid Motors...
-
Lucid Group Misses On Q1 Earnings: EV Manufacturer Gives Update On Production, Upcoming Gravity SUV
Monday, May 8, 2023 - 4:20pm | 417Electric vehicle company Lucid Group (NASDAQ: LCID) reported first-quarter financial results after the market close Monday. Here are the key highlights. What Happened: Lucid Group reported first-quarter sales of $149.43 million, up 159% year-over-year. First-quarter sales missed a Street consensus...
-
Lucid Q3 Earnings Highlights: Record Production, On Pace For 6K To 7K Vehicles Annually, Over 34,000 Reservations And More
Tuesday, November 8, 2022 - 6:20pm | 513Electric vehicle company Lucid Group Inc (NASDAQ: LCID) reported third-quarter financial results and production figures after hours Tuesday. Here are the key highlights. What Happened: Lucid Group reported third-quarter revenue of $195.5 million. The revenue total missed a Street estimate of $209.1...