Where Will Polestar Automotive Stock Be in 3 Years? [Yahoo! Finance]
Lucid Group, Inc. (LCID)
Company Research
Source: Yahoo! Finance
The electric vehicle (EV) maker, which was spun off from Volvo , went public by merging with a special purpose acquisition company (SPAC) in June 2022. Its stock opened at $12.98 on its first day, but it now trades at about $1.60. Polestar lost nearly 90% of its value as software issues and supply chain constraints throttled production. The macro and competitive headwinds also forced it to cut its prices to stay competitive. But could this out-of-favor EV stock bounce back over the next three years? Let's take a fresh look at its business to decide. Polestar is producing plenty of vehicles Polestar was once a racing team that transformed Volvo's cars into high-performance racing vehicles. Volvo, which was acquired by the Chinese automaker Geely in 2010, bought Polestar's brand in 2015. In 2017, Geely and Volvo rebooted Polestar as a stand-alone, high-performance EV brand. That reinvention led to its spin-off and SPAC-backed debut. But unlike many other SPAC-backed EV makers, w
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- Why Lucid Stock Crashed 37.4% in October and Just Hit Its 52-Week Low [Yahoo! Finance]Yahoo! Finance
- Lucid Group Inc (LCID) Q3 2024 Earnings Call Highlights: Record Deliveries and Strategic Growth ... [Yahoo! Finance]Yahoo! Finance
- Lucid Group (LCID) Reports Q3 Loss, Tops Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Rivian, Lucid stocks pop despite EV makers' Q3 losses [Yahoo! Finance]Yahoo! Finance
- Rivian, Lucid stocks pop despite EV makers' Q3 losses [Yahoo! Finance Canada]Yahoo! Finance Canada
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