Why Lucid Stock Is on Fire Today [Yahoo! Finance]
Lucid Group, Inc. (LCID)
Company Research
Source: Yahoo! Finance
The luxury electric vehicle (EV) maker is placing big bets on its upcoming Gravity SUV. Yesterday, Lucid didn't just showcase and reveal more information about Gravity at its Technology and Manufacturing Day event but also gave a glimpse of its upcoming crossover. The event has renewed investors' hopes as they see better days ahead for Lucid. Lucid shifts focus on new EVs and costs Lucid confirmed Gravity is on track to go into production later this year. It also said the SUV will be equipped with Tesla 's NACS charging connector in 2025, allowing owners access to more than 15,000 superchargers. Lucid also revealed it will launch a midsize SUV with a starting price of under $50,000 with production expected to start in 2026. The company emphasized its cost efficiency and claimed that its new crossover would deliver the "same range" as competitors, even with a smaller battery pack. The upcoming SUV will be powered by Atlas, a next-generation powertrain unit that Lucid announced y
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LCID
News
- Lucid Group (LCID) Stock Declines While Market Improves: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
- Where Will Polestar Automotive Stock Be in 3 Years? [Yahoo! Finance]Yahoo! Finance
- Why Lucid Motors Stock Surged Higher This Week [Yahoo! Finance]Yahoo! Finance
- Lucid Group (LCID) Stock Dips While Market Gains: Key Facts [Yahoo! Finance]Yahoo! Finance
- Lucid Group, Inc. (NASDAQ: LCID) had its "sector perform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $3.00 price target on the stock.MarketBeat
LCID
Earnings
- 8/5/24 - Miss
LCID
Sec Filings
- 9/17/24 - Form 4
- 9/17/24 - Form 4
- 9/10/24 - Form 8-K
- LCID's page on the SEC website