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Lucid Motors Q4 Earnings Highlights: EV Company Beats On EPS, Misses On Revenue; Issues Production Update, 2023 Guidance
Wednesday, February 22, 2023 - 5:30pm | 516Electric vehicle company Lucid Group (NASDAQ: LCID) reported fourth-quarter financial results after the market close Wednesday. Here are the key highlights for investors. What Happened: Lucid Group announced fourth-quarter revenue of $257 million, which came in shy of a Street estimate of $302.6...
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Why Tesla Co-Founder Martin Eberhard Is Disappointed With Lucid But Impressed By This EV Startup
Wednesday, February 22, 2023 - 3:35am | 480Tesla Inc. (NASDAQ: TSLA) co-founder Martin Eberhard, who has had a not-so-cordial relationship with Elon Musk, offered his thoughts on the new breed of electric vehicle makers in a recent interview. What Happened: Unlike tech companies, the auto industry is not a “winner-take-all...
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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...
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Here's How Many Vehicles Lucid Group Produced, Delivered In Q3 — And How It Stacks Up To Rival EV Makers
Wednesday, October 12, 2022 - 3:03pm | 575Electric vehicle company Lucid Group Inc (NASDAQ: LCID) reported third-quarter production and delivery figures Wednesday morning. Here’s how the numbers stack up to guidance and rivals. What Happened: Lucid Group, which announced a SPAC merger in February 2021 to go public, reported...
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Apple Co-Founder's New Car Is An EV — And It Is Made By This Tesla Rival
Monday, March 14, 2022 - 6:33am | 461Apple Inc (NASDAQ: AAPL) co-founder Steve Wozniak on Friday said that Lucid Group Inc’s (NASDAQ: LCID) Lucid Air was his “new EV.” What Happened: The 71-year old entrepreneur shared Lucid CEO Peter ...
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Missed Out On The Lucid Air Dream Edition? You Can Get One On eBay, But It'll Cost You
Sunday, January 30, 2022 - 6:14pm | 718One of the most anticipated electric vehicles started deliveries in October 2021. If you missed out on securing one of the 520 Lucid Air Dream Editions being made, there are now three for sale on eBay Inc (NASDAQ: EBAY). Here’s the current asking prices for the limited edition first...
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Rivian R1T Named 2022 MotorTrend Truck Of The Year: What Investors Should Know
Monday, December 13, 2021 - 12:17pm | 665An electric vehicle company that went public and debuted its electric pickup truck in 2021 has another reason to celebrate Monday morning. What Happened: The R1T electric pickup truck from Rivian Automotive (NASDAQ: RIVN) was announced as the 2022 MotorTrend Truck of the Year Monday morning....
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Lucid Group Q3 Earnings Highlights: 13,000 Reservations, $1.3B Order Book, Production Update
Monday, November 15, 2021 - 5:27pm | 489Electric vehicle company Lucid Group (NYSE: LCID) reported third-quarter financial results after market close Monday. Here are the highlights investors should know. What Happened: The company ended the third quarter with $4.8 billion in cash. Lucid Group reported reservations for the Lucid Air...
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SPAC Wars: Lucid Motors Vs. Faraday Future — Battle Of The Luxury Electric Vehicles
Friday, July 30, 2021 - 7:20am | 751The debut of Lucid Group Inc (NASDAQ: LCID) trading this week marks another electric vehicle company going public via SPAC merger. The hosts of Benzinga’s “SPACs Attack” featured two prominent electric vehicle companies — Lucid Group and Faraday Future — focused...
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Lucid Motors SPAC Merger Is Finally Approved
Friday, July 23, 2021 - 10:00am | 320One of the year's most highly anticipated SPAC mergers was approved Friday morning. What Happened: All shareholder proposals were approved between Churchill Capital Corp IV (NYSE: CCIV) and Lucid Motors. The companies held a special meeting Friday with additional votes needed for...
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5 SPACs To Watch In The Second Half Of 2021
Tuesday, June 29, 2021 - 8:30am | 902As the close of the first half of 2021 nears, investors have a chance to look at some companies that could have big moves in the second half of 2021. Here is a look at five SPACs to watch in the second half of 2021. Churchill Capital Corp IV: Electric vehicle company Lucid Motors is merging...
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Lucid Motors And Other Tesla EV Rivals Capitalize On Elon Musk 'SNL' Appearance With Commercials (Video)
Sunday, May 9, 2021 - 8:23am | 731The highly anticipated "Saturday Night Live" edition with Elon Musk as host featured comments about Dogecoin, SpaceX, Tesla Inc (NASDAQ: TSLA) and references to The Boring Company. People watching the show will be talking about the skits featuring Musk all week. Viewers may also be...
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Lucid Says The High-End Version Of Its Air Sedan Is Already Sold Out
Tuesday, March 23, 2021 - 3:06am | 431Lucid Motors said Monday it has already sold out the Dream Edition, the more expensive version of its upcoming all-electric Air sedan. What Happened: The Dream Edition is also the first version of the Lucid Air luxury sedan. The company has said it is on track to begin delivering the Lucid Air in...
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Lucid Motors Shares New Plans For Growth In Battery Business, And Images Of Its Gravity SUV Leak In Europe
Sunday, March 21, 2021 - 4:34pm | 455Lucid Motors — focus of one of the most anticipated SPAC mergers of 2021 — is out with some news on its battery plans and images for a new SUV. What Happened: Lucid Motors, which is going public with Churchill Capital Corp IV (NYSE: CCIV), has unveiled plans to put its batteries to...
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Lucid Motors Confirms SPAC Merger With Churchill Capital Corp IV
Monday, February 22, 2021 - 7:31pm | 431After months of speculation, one of the most talked about SPAC deals has been confirmed. What Happened: Electric vehicle company Lucid Motors is going public in a SPAC merger with Churchill Capital Corp IV (NYSE: CCIV). The deal has been rumored since January. The deal will value Lucid Motors at a...