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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-...
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Lucid's New Year Surprise: Up To $10,000 In Air Credits
Tuesday, January 16, 2024 - 1:18am | 642Lucid Group Inc. (NASDAQ:LCID) said it is providing up to $10,000 in Air credits for its 2023 Air models. This exclusive offer is available solely in the U.S. market and will be valid until January 31st. What Happened: According to a report by Teslarati, Lucid is...
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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...
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Lucid Unveils New Strategy To Up Sales, Lower Cash Burn: Fewer Models, Lower Starting Price, More Customization
Wednesday, December 6, 2023 - 5:58am | 408California-headquartered EV maker Lucid Group Inc (NASDAQ:LCID) on Tuesday announced that it has shaken up its 2024 Lucid Air lineup in a bid to bring down the starting price on its vehicles and appeal to a wider consumer base in the North American market. The changes include lower starting prices...
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Fisker, Rivian, Lucid Earnings Previews: Guide To Busy Week For EV Investors
Monday, November 6, 2023 - 7:12pm | 1123Earnings season is here and brings quarterly updates and financial reports from leading publicly traded companies, including those in the electric vehicle sector. This week features a trio of earnings reports from three leading electric vehicle companies: here's a look at the companies and what's...
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Lucid Recalls Over 1,000 Cars After Customer Reports Burnt Finger From Overheating Seat
Friday, October 27, 2023 - 1:44am | 412Luxury EV maker Lucid Group Inc (NASDAQ:LCID) is recalling over 1,000 Lucid Air sedans manufactured between 2022 and 2023, citing risks of rear seats overheating to the point of causing burn injuries. What Happened: The temperature monitoring and control system for the rear seats might not operate...
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Tesla Owners Pick Models From These 3 Auto Companies If They Move On
Tuesday, September 19, 2023 - 1:12pm | 836Electric vehicle company Tesla Inc (NASDAQ: TSLA) has dominated the market in many places around the world, including the U.S. A new survey revealed how likely Tesla owners were to stick with the brand when they move on from their old car and what companies they would shift to if they decided...
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Lucid CEO Peter Rawlinson Admits Price Cuts Are Working, Teases Gravity Debut
Wednesday, August 23, 2023 - 9:07am | 591Lucid Group‘s (NASDAQ:LCID) strategic decision to slash prices for its Air luxury electric vehicle is yielding positive results, CEO Peter Rawlinson reportedly revealed during Monterey Car Week. What Happened: While specific figures weren’t disclosed, Rawlinson...
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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...
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7 Bags, 4 Passengers: Lucid Air Flaunts 'Enormous' Storage Capacity In New Video
Wednesday, July 12, 2023 - 6:33am | 567EV company Lucid Motors (NASDAQ:LCID) on Tuesday flaunted the Air’s “enormous” storage capacity in a new video posted on Twitter. What Happened: The 12-second video posted on Twitter shows seven suitcases of varying sizes being loaded with ease into the Lucid Air’s trunk and...
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Darker, Stealthier Lucid Air Comes With 35 Exterior Refinements
Thursday, June 15, 2023 - 5:32am | 443EV company Lucid Group Inc (NASDAQ:LCID) said on Wednesday that its stealth appearance comes with up to 35 exterior refinements. The stealth appearance is an optional darker exterior design theme offered on Lucid Air Grand Touring and Air Touring. What Happened: “We did more than black out...
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'Pack A Bag And Go:' Why Lucid Is Telling Potential EV Customers To Take A Grand Tour
Monday, May 29, 2023 - 4:50am | 520EV company Lucid Group Inc (NASDAQ:LCID) is eyeing grand tours with its Lucid Air Touring and Grand Touring models. What Happened: “Welcome to the life of luxurious spontaneity,” Lucid said in a tweet on Sunday about its Grand Touring model. The car comes with an estimated range...
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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...
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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...
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Lucid Recalls Over 600 Air EVs Over Glitch That Could Affect Electric Motor
Tuesday, March 28, 2023 - 1:15am | 359Lucid Motors (NASDAQ:LCID) is recalling 637 Lucid Air vehicles, citing an issue that may cause the electric motors to shut down. What Happened: Lucid Motors issued a recall for 637 Air EVs made during 2022 and 2023, as per a filing made with the National Highway Traffic Safety Administration. The...