With its shares down by an eye-watering 42% year to date, Lucid Motors (NASDAQ: LCID) has been a nightmare for recent investors. The automaker is grappling with slowing growth, spiraling losses, and weakening consumer sentiment in the electric-vehicle (EV) industry, putting its long-term survival in ...
motleyfoolusx:lcid
It's not only questions about its financials that are at the top of prospective Lucid (NASDAQ: LCID) investors' minds. Many are also curious as to whether Lucid is a Chinese company or not. There are a variety of electric vehicle (EV) manufacturers based in China, after all, and demand for EVs in the ...
motleyfoolusx:lcid
Lucid Motors (NASDAQ: LCID) highlighted the accolades its electric vehicles (EVs) have received when it reported its full-year 2023 financial results back in February. The list of kudos for the Lucid Air includes Car and Driver's 10 Best list for 2024, 2023 World Luxury Car of the Year, and 2022 MotorTrend ...
motleyfoolusx:tslausx:lcidusx:rivn
There's no question that Lucid Group (NASDAQ: LCID) has struggled of late. Like much of the electric vehicle (EV) industry, the stock price is down on disappointing sales results and industrywide price cuts. The price has fallen nearly 64% over the past year. However, at least one Wall Street analyst ...
motleyfoolusx:lcid
To the great relief of many investors who were suffering from the recent rout of electric vehicle (EV) and associated stocks, the market pushed the accelerator on such companies Tuesday. An influential report gave them hope that the sector as a whole would lift itself out of the doldrums with stronger ...
motleyfoolusx:qsusx:lcidusx:rivn
While the S&P 500 and Dow Jones Industrial Average are both driving higher to start the week, shares of Lucid Group (NASDAQ: LCID) are not heading in the same direction. Instead, investors are sending the electric vehicle (EV) manufacturer's stock lower in response to an analyst's lackluster take on ...
motleyfoolusx:lcid
Shareholders of Lucid Group (NASDAQ: LCID) haven't had much to cheer about over the past year. The stock of the luxury electric vehicle (EV) maker has plunged 65% in the last 12 months. But shares got a bump today after the company reported its first-quarter production and delivery results. Those figures ...
motleyfoolusx:lcid
It's been a rough go for electric vehicle (EV) start-ups lately, Lucid Motors (NASDAQ: LCID) included. The company has cut production forecasts numerous times, slashed prices on its only vehicle, reported a widening net loss during the fourth quarter, and barely delivered 6,000 vehicles in 2023. Combine ...
motleyfoolusx:lcid
Electric vehicle (EV) stocks fell today after Tesla (NASDAQ: TSLA) and Rivian (NASDAQ: RIVN) both reported disappointing first-quarter delivery numbers. It was the latest sign that demand for EVs continues to fade and that the sector's stocks look broadly overvalued. Tesla is seen as a bellwether in ...
motleyfoolusx:tslausx:lcidusx:rivn
The electric vehicle (EV) industry faces numerous challenges. Those challenges include bringing down the costs of batteries, improving charging infrastructure quality and availability, convincing consumers to make big purchase decisions amid high interest rates, and fierce competition. It's the outlook ...
motleyfoolusx:lcidusx:rivn
Investors in the electric vehicle (EV) industry knew 2024 was going to be filled with bumps in the road. Fisker was a large reminder of just how quickly things can go downhill for automakers facing a cash crunch and slowing demand. For many already cautious EV investors, the question now might be: "What ...
motleyfoolusx:lcid
There hasn't been a lot of good news in the electric vehicle (EV) industry lately. First, EV makers struggled to accelerate production, then struggled to bring costs down, and now they are struggling to sell vehicles in a high-interest-rate environment. While many EV makers are facing cash crunches, ...
motleyfoolusx:lcid
The stock of Lucid (NASDAQ: LCID) is accelerating on Monday. The company's share price was up 7.9% as of 12:10 p.m. ET, according to data from S&P Global Market Intelligence. It had been up as much as 20.9% earlier in today's trading. In a press release published before the market opened this morning, ...
motleyfoolusx:lcid
Fool.com contributor Parkev Tatevosian forecasts where Lucid (NASDAQ: LCID) stock could be in one year. *Stock prices used were the afternoon prices of March 20, 2024. The video was published on March 22, 2024. Continue reading
motleyfoolusx:lcid
