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Tesla-Rival Lucid Announces 58% Increase In Deliveries, Plans To Introduce Mid-Size Platform In 2026
Wednesday, May 7, 2025 - 2:57am | 606Lucid Group Inc. (NASDAQ:LCID) shared a comprehensive list of updates as well as forecasts at the Q1 2025 earnings call with investors. What Happened: The EV maker announced $235 million in revenue, which, despite being a 36% YoY increase when compared to Q1 2024, was lower than the estimated $246...
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Lucid's Interim CEO Clarifies On Peter Rawlinson's Earlier Statement: 'Doesn't Mean We Are Deprioritizing Our Automotive Car Business'
Wednesday, February 26, 2025 - 6:31am | 442Lucid Group Inc.’s (NASDAQ:LCID) interim CEO Marc Winterhoff on Tuesday refuted reports that the company is looking to make its car business merely a side hustle in the future. What Happened: Winterhoff said during the company’s fourth-quarter earnings call on Tuesday that a statement...