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The Latest Breaking News from Lucid Group

Should You Buy Hyundai Motor Company (HYMTF) or Lucid Group (LCID)?

Despite various macroeconomic headwinds, the automotive industry is primed for substantial growth in the near future due to the pent-up consumer demand, the growing popularity of EVs, and the adoption of advanced technology. So, let’s compare two prominent auto stocks, Hyundai Motor (HYMTF) and Lucid Group (LCID), to determine which…

StockNews.com

Lucid Stock Rally, Lordstown Slide Show This Is Key For EV Startups

Lucid Group (LCID) and Lordstown Motors (RIDE) continued to make big moves off low bases Thursday in a busy week for EV stocks of startup companies. Saudi Arabia's Public Investment Fund (PIF), Lucid's majority shareholder, plowed $1.8 billion more into Lucid shares, a filing revealed Tuesday. That news came a…

Investors Business Daily

Is Lucid Group (LCID) Worth the Investment this Week?

With expansion plans and a public offering to raise capital, does automotive company Lucid Group (LCID) deserve a place in your portfolio? Let’s look at its financial metrics to get an idea….

StockNews.com

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Stocks Higher as Lower Bond Yields Boost Tech Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.99%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.47%, and the Nasdaq 100 Index ($IU XX) (QQQ ) closed up +1.31%. Stock indexes Thursday settled moderately higher, with the S&P...

Barchart

Stocks Rally as Tech Climbs on a Decline in Bond Yields

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.94%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.22%. The market is finding support today on easing U.S....

Barchart

Stocks Mixed as Tech Climbs on a Decline in Bond Yields

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.35%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.06%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.50%. U.S. stocks this morning are mixed. The broader market...

Barchart

Lucid To Raise $3 Billion, Mostly From Saudi Majority Stockholder

Lucid Group said it would use the new cash for "general corporate purposes," including capital expenditures and working capital, among other things.

InsideEVs

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Markets Today: Stocks Slip as Bank Stocks Fall and Chinese Imports Plunge

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.33%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.50%. U.S. stock index futures this morning are moderately lower. A drop of more than -15% in PacWest Bancorp in pre-market trading is leading regional bank...

Barchart

Stocks Modestly Lower on Higher Bond Yields

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.24%. U.S. stocks this morning are moderately lower as higher...

Barchart

2023 Lucid Air With Stealth Appearance Pack Starts US Deliveries

Deliveries began at the Lucid Costa Mesa service center in Southern California and will continue throughout the United States in the coming weeks.

InsideEVs

Stocks Settle Moderately Lower as the Fed Remains Hawkish

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.21%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.42%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.23%. Stock indexes Friday gave up early gains and closed...

Barchart

Stocks Erase Early Gains on Higher Bond Yields

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.56%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.48%. U.S. stock indexes this morning gave up early gains...

Barchart

Markets Today: Stock Index Futures Slip as Bond Yields Climb

Morning Markets June S&P 500 futures (ESM2 3) this morning are down -0.12%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.62%. U.S. stock index futures this morning are moderately lower. Higher bond yields this morning are weighing on technology stocks and Nasdaq futures. Also, today’s U.S. March...

Barchart

Lucid Air Deliveries Almost Quadrupled In Q1 2023

Lucid Group revealed that its vehicle production and deliveries during the first quarter of 2023 significantly increased year-over-year.

InsideEVs

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Tribune News Service

Tech companies plan hundreds more Bay Area job cuts as layoffs worsen

NEWARK, Calif. — Streaming titan Roku and electric vehicle maker Lucid Group have sketched out plans for fresh Bay Area job cuts, together adding hundreds of workers to the region’s worsening layoff toll.

StockNews.com

3 Stocks You Should Sell Now

After the blow of several bank failures in recent weeks, investors are now eyeing the Fed’s policy decision, scheduled to release today. Given fears of an economic downturn, eliminating fundamentally weak stocks Lucid Group (LCID), Robinhood Markets (HOOD), and SNDL Inc. (SNDL) from your watchlist could be wise before the…

InsideEVs

Lucid Hoping To Make 10-14K EVs In 2023, Well Below Expectations

Lucid announced a 2023 production guidance of 10,000-14,000 vehicles, while analysts on average expected a production goal of 21,815 cars for this year.

InsideEVs

Lucid Notes Record Air Deliveries In Q4 2022

Lucid Group announced today vehicle production and delivery numbers for the fourth quarter and full year 2022, revealing noticeable progress in both cases.

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InsideEVs

Lucid Air And Gravity SUV To Be Powered By Panasonic Batteries

Panasonic Energy Co. and Lucid Group today announced they have entered into multi-year EV battery supply agreements "for Lucid's full vehicle line-up"."

InsideEVs

2024 Lucid Gravity SUV Promises More Range Than Any Other EV

Despite boasting up to seven seats, the Lucid Gravity promises more range than any other EV on the market except the Lucid Air sedan.

InsideEVs

Lucid To Open Reservations For Project Gravity SUV In Early 2023

Lucid announced Q3 2022 financial results: its net loss widened to $670 million while revenue increased to $195.5 million on deliveries of 1,398 vehicles.

Benzinga

Lordstown Motors Shares Are All Over The Place After Q3 Earnings: Next Up, Lucid Group

Lordstown Motors Corp (NASDAQ: RIDE) shares were trading higher Tuesday morning after the company announced an expanded partnership with Foxconn.

InsideEVs

Saudi Arabia Teams Up With Foxconn To Launch Its Own Ceer EV Brand

Ceer is a joint venture between Saudi Arabia's Public Investment Fund and Taiwan's Foxconn; it will license component tech from BMW in the development phase.

InsideEVs

Lucid Group Sues The State Of Texas Over Direct Sales Ban

In the federal lawsuit, Lucid has accused Texas of acting anti-competitively in forcing companies to sell their products through established dealerships.

Asharq Al-Awsat

'Lucid' Group Launches 1st Middle East Studio in Saudi Arabia

Lucid Group, setting new standards with the longest-range, fastest-charging electric car on the market, announced the opening of its first Studio in the Middle East in Riyadh. "The launch of our first Studio in the Middle East marks yet another step towards Lucid's mission to inspire the adoption of sustainable…

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