2 Electric Vehicles Lucid Doesn't Make -- and Shouldn't [Yahoo! Finance]
Lucid Group, Inc. (LCID)
Company Research
Source: Yahoo! Finance
At a time when most automakers are engaged in a race to the bottom -- offering affordable electric vehicle (EV) around $20,000 to $25,000 -- Lucid doesn't want much to do with that market. In fact, two historically important types of vehicles won't be found in Lucid's product pipeline -- but should investors be concerned? Are You Missing The Morning Scoop? Breakfast News delivers it all in a quick, Foolish, and free daily newsletter. Sign Up For Free » Lucid has turned in a strong three quarters of 2024 deliveries, with three consecutive company records. The young EV maker just started selling the Gravity SUV this month, its second vehicle after its initial luxury Air sedan, and it announced at least three upcoming midsize EVs, with production to start in late 2026. But you won't find two historically important vehicles in its pipeline: a $20,000 entry-level vehicle, or any size of truck. In the past, one strategy used by automakers was to have a stair step of vehicle options.
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LCID
News
- Unpacking Q3 Earnings: Lucid (NASDAQ:LCID) In The Context Of Other Automobile Manufacturing Stocks [Yahoo! Finance]Yahoo! Finance
- Lucid Stock: Buy, Sell, or Hold? [Yahoo! Finance]Yahoo! Finance
- More Great News for Lucid Heading Into 2025. Is It a Buy Now? [Yahoo! Finance]Yahoo! Finance
- Lucid Is At Risk Of Becoming A Penny Stock (Technical Analysis) [Seeking Alpha]Seeking Alpha
- LUCID ALERT: Bragar Eagel & Squire, P.C. is Investigating Lucid Group on Behalf of Long-Term Stockholders and Encourages Investors to Contact the FirmGlobeNewswire
LCID
Earnings
- 11/7/24 - Beat
LCID
Sec Filings
- 11/7/24 - Form 10-Q
- 11/7/24 - Form 8-K
- 11/4/24 - Form SC
- LCID's page on the SEC website