The Latest Breaking News from LCID

Despite its promising growth prospects, the electric vehicle (EV) industry is expected to remain under immense pressure for the foreseeable future owing to rising raw material costs and global semiconductor and other supply chain constraints that have been exacerbated by the Russia-Ukraine war. So, we think it could be wise…

Lucid Group Inc (NASDAQ: LCID) said on Tuesday it has entered a deal with the government of Saudi Arabia to sell up to 100,000 electric vehicles over the next 10 years, sending shares of the luxury electric vehicle startup higher after the bell.

The electric vehicle (EV) industry is projected to grow tremendously this year, thanks to substantial consumer demand and favorable government policies. So, given the industry's impressive growth prospects, Wall Street analysts expect the shares of fundamentally solid EV companies Workhorse (WKHS), Rivian (RIVN), and Lucid (LCID) to rally up to…

Someone with a lot of money to spend has taken a bullish stance on Lucid Gr (NASDAQ:LCID). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Lucid Group Inc (NASDAQ:LCID) has opened a new studio location at the Yorkdale Shopping Centre in Toronto, Ontario.  The location is the second in Canada and twenty-third in the company's North American retail network. The company expects to begin Canadian deliveries of the Lucid Air in Spring 2022. Lucid has partnered with Electrify…

If history is any guide, there may be trouble ahead for shares of Lucid Gr (NASDAQ:LCID). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Shares of several stocks in the auto & auto components sector, including Tesla Inc (NASDAQ: TSLA), Lucid Group Inc (NASDAQ: LCID) and Workhorse Group Inc (NASDAQ:

The electric vehicle (EV) industry is expected to remain under pressure due to increasing supply chain disruptions, rising production costs, and interest rate hikes amid an escalating conflict between Russia and Ukraine. Thus, we think overvalued electric vehicle stocks Lucid Group (LCID), NIO Inc (NIO), XPeng (XPEV), and Fisker (FSR)…

Lucid Gr (NASDAQ:LCID) brought in sales totaling $26.39 million during Q4 according to data provided by Benzinga Pro. However, earnings decreased 99.4%, resulting in a loss of $1.05 billion.

Shares of Lucid Group, Inc. (NASDAQ: LCID) slammed into a wall of resistance and are moving lower, down 16% at press time.

Lucid Group Inc (NASDAQ: LCID) reported its fourth-quarter results marginally ahead of expectations on lower operating expenditures, according to BofA Securities.