Lucid Motors (NASDAQ: LCID) stock experienced a significant surge on December 9, 2024, rising by 10% to close at $2.30. The surge came amidst rumors that President-elect Donald Trump might revise his position on U.S. electric vehicle (EV) tax credits. Speculation about policy changes and news of Lucid’s Gravity SUV production drove trading activity, with volume reaching 150.3 million shares—nearly double the daily average.

Lucid Motors (NASDAQ: LCID), a well-established electric vehicle (EV) manufacturer from the United States, has recently made notable changes in its leadership team and production plans. First, the company announced the replacement of its European boss Alexander Lutz with Lawrence Hamilton, a seasoned automotive executive. Second, Lucid has officially begun producing its much-anticipated Gravity electric SUV on a full scale. These updates represent important steps for Lucid as it continues to navigate the competitive electric vehicle market.

NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Lucid Group (NASDAQ: LCID) on behalf of long-term stockholders following a class action complaint that was filed against Lucid on April 1, 2022 with a Class Period from November 15, 2021 to August 3, 2022. Our investigation concerns whether the board of directors of Lucid have breached their fiduciary duties to the company.

Lucid Group's recent stock sale raises questions about its financial viability as the company attempts to ramp up production.

Lucid Motors (NASDAQ: LCID) is preparing for the release of its highly expected all-electric Gravity SUV, scheduled to debut before the end of the year. The new model comes at a time when the company is celebrating significant sales growth, thanks to the success of its Air sedan.

Lucid Group is on track to drive its stock price to new lows after announcing another share sale with a double-digit dilutive impact.

Lucid Group (NASDAQ: LCID), maker of the world’s most-advanced electric vehicles, is teaming up with Four Seasons hotels and resorts to offer complimentary cars for guest use at select locations. The collaboration begins this month and underscores the commitment both companies have for environmental stewardship as well as providing guests with flexible, unique, ecofriendly experiences during their stays. Guests can either reserve a Lucid vehicle for a complimentary driving experience or enjoy a chauffeured Lucid house car, based on availability.

Lucid Group (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, today announced that it produced 1,805 vehicles and delivered 2,781 vehicles during the quarter ended September 30, 2024. According to the announcement, 8% of the vehicle deliveries were subject to operating lease accounting.

Lucid Motors (NASDAQ: LCID), a luxury electric vehicle manufacturer, has once again made headlines in the electric vehicle (EV) industry. The company teased that it would release its new EV in late 2026. This new model, which is expected to be a game changer for the company, is set to rival giants such as the Tesla model Y.

There is an EV shakeout underway, and no start-up is risk-free. The big OEMs bide their time, waiting to buy or develop technology, ready for the next boom

Lucid Group (NASDAQ: LCID), maker of the world’s most-advanced electric vehicles, is showcasing its Lucid Gravity SUV today during its Technology & Manufacturing Day. According to the announcement, the event is being held at the company’s Arizona factory. In addition to highlighting the new EV, the event provided an overview of the car’s enabling technologies as well as an independent third-party analysis of the cost effectiveness of manufacturing the innovations. The company also announced its next-generation drive unit, Atlas, which is in development and undergoing extensive testing, and also reported that so far this year, it has delivered more cars than in all of 2023.

Lucid Group (NASDAQ: LCID), maker of the world’s most-advanced electric vehicles, unveiled a major software update for its flagship vehicle, the Lucid Air. The update — Lucid UX 2.4 — features an enhanced version of DreamDrive Pro, Lucid’s optional Advanced Driver Assistance System (“ADAS”) that offers more than a dozen updates and enhanced capabilities such as new 3D lane visualization; Lucid Assistant, a new voice control system; and an updated map design for improved legibility.

Lucid Group (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, has announced that its CEO and CTO Peter Rawlinson will participate in a fireside chat at the Morgan Stanley 12th Annual Laguna Conference on Thursday, Sept. 12. According to the announcement, the session is scheduled to begin at 2:35 p.m. PT and will be webcast live on Lucid’s investor relations website. A replay of the webcast will be available for 60 days following the live presentation.

Lucid Group (NASDAQ: LCID), maker of the world’s most-advanced electric vehicles, has announced a Technology & Manufacturing Day. The company will host the event on Sept. 10, 2024, which will be livestreamed beginning at 8 a.m. PT from the company’s Arizona factory. According to the announcement, the event will showcase the company’s Lucid Gravity SUV and will cover enabling technologies as well as provide an analysis of the cost effectiveness of manufacturing these innovations. Those invited to attend the event in person will also participate in a factory tour and have the opportunity to ride in the both the Lucid Gravity and the Lucid Air Sapphire.

Lucid Group (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, today announced that customers in Canada can now access flexible, transparent, and competitive leasing options. This follows Lucid Financial Services’ introduction of leasing to its portfolio of finance options in Canada.

Lucid Motors (NASDAQ: LCID) has secured $1.5 billion to boost its operations and expansion plans to keep it afloat until the fourth quarter of 2025. The substantial funding, which came from Saudi Arabia’s Public Investment Fund (PIF), is pivotal for Lucid’s future.

Lucid Group made headway in Q2 but slowly and cash continues to burn while investment from the PIF dilutes shareholder value.

Lucid Group (NASDAQ: LCID), maker of the world’s most-advanced electric vehicles, has entered into a nonbinding supply agreement with Graphite One Inc. (TSX.V: GPH) (OTCQX: GPHOF) . The agreement was announced by Graphite One, which is planning a complete domestic U.S. supply chain for advanced graphite materials, at a briefing held at the U.S. Capital on July 25, 2024. According to the announcement, the agreement, which is for anode active materials (“AAM”), represents “the first step in a 100% U.S.-based supply chain linking Alaska, Ohio and Arizona.” Following the announcement, several senators and government officials commented on the agreement, noting its significance. Those commenting included Senator Lisa Murkowski (R-AK), Senator Dan Sullivan (R-AK), Congresswoman Mary Peltola (D-AK), Congresswoman for Alaska, Congressman Dave Joyce (R-OH ), Congressman Juan Ciscomani (R-AZ) and Alaska governor Mike Dunleavy. “I am delighted to see Alaska’s role in the announcement on Capitol Hill today that Graphite One, developer of the Graphite Creek Project, and Lucid Motors of Arizona have reached agreement on an offtake contract providing U.S.-made graphite anode material for U.S.-built electric vehicles — one major use of the rechargeable batteries that are transforming American technology and the U.S. economy,” said Alaska governor Mike Dunleavy in the press release.

Lucid Group (NASDAQ: LCID), maker of the world’s most-advanced electric vehicles, has entered into a nonbinding supply agreement with Graphite One Inc.(TSX.V: GPH) (OTCQX: GPHOF) . The agreement is for anode active materials (“AAM”). According to the announcement, the agreement, which is initially for five years, is for 5,000 tpa once Graphite One commences production of synthetic graphite. Sales will be based on an agreed price formula tied to future market pricing that also acknowledges base-case pricing. Graphite One officials noted that the agreement helps the company develop its 100% U.S. domestic supply chain. “We are committed to accelerating the transition to sustainable vehicles and the development of a robust domestic supply chain ensures the United States, and Lucid, will maintain technology leadership in this global race,” said Lucid Group CEO and CTO Peter Rawlinson in the press release. “Through work with partners like Graphite One, we will have access to American-sourced critical raw materials, helping power our award-winning vehicles made with pride in Arizona.”

Lucid Motors (NASDAQ: LCID), a U.S.-based automotive and technology company, has reached an important milestone in the electric-vehicle (EV) industry. The company delivered a record 2,394 Air sedans in the second quarter of 2024, a 22% increase from the first quarter, setting a significant benchmark.

Electric vehicle (EV) maker Lucid Group Inc. (NASDAQ: LCID) was once touted as a Tesla Inc. (NASDAQ: TSLA) killer with its sleek luxury designs and purportedly

Lucid Group (NASDAQ: LCID), maker of the world’s most-advanced electric vehicles, is reporting updates for its 2025 model year. According to the announcement, the updates “further raise the bar, enabling a landmark five miles per kilowatt hour of energy and record 146 MPGe EPA rating for the Air Pure.” The company also noted that the heat pump, which was initially featured on the Lucid Sapphire, will be standard across the lineup, resulting in improved real-world range; LCID models will also feature a powerful new infotainment processor designed to provide improved user experience. With these updates, the 2025 Lucid Air Pure will be the most efficient and thus most sustainable vehicle made, the company noted. “The advancements introduced across the Lucid Air lineup for 2025 further cement our leadership position,” said Lucid Group CEO and CTO Peter Rawlinson in the press release. “Lucid Air is the very embodiment of our relentless approach to optimization, enabling Air Pure to use less electrical energy than any other vehicle for any journey taken, A to B.”

Tesla shares may be too high today, after the stock rallied on the influence of Rivian's rally. Fundamentals do not back today's valuation

Lucid Group (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, today announced production and delivery totals for the quarter ended June 30, 2024. Lucid produced 2,110 vehicles and delivered 2,394 vehicles during this period, for which it will soon release its net income and cash flow results along with the rest of its financial performance. Lucid vehicle production and delivery numbers represent only one measure of the company’s operating performance and should not be relied on as sole indicators of quarterly financial results, which depend on a variety of factors. The company will host a conference call to discuss its second quarter 2024 financial results at 2:30 pm PT / 5:30 pm ET on Monday, Aug. 5, 2024. Prior to the conference call, the company will issue an earnings press release with a link to the live webcast on its investor relations website. As detailed in the announcement, Lucid is partnering with Say Technologies to allow retail and institutional shareholders to submit and upvote questions, a selection of which will be answered by Lucid management during the earnings call.

Lucid Group (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, today announced production and delivery totals for the quarter ended June 30, 2024. Lucid produced 2,110 vehicles and delivered 2,394 vehicles during this period, for which it will soon release its net income and cash flow results along with the rest of its financial performance. Lucid vehicle production and delivery numbers represent only one measure of the company’s operating performance and should not be relied on as sole indicators of quarterly financial results, which depend on a variety of factors. The company will host a conference call to discuss its second quarter 2024 financial results at 2:30 pm PT / 5:30 pm ET on Monday, Aug. 5, 2024. Prior to the conference call, the company will issue an earnings press release with a link to the live webcast on its investor relations website. As detailed in the announcement, Lucid is partnering with Say Technologies to allow retail and institutional shareholders to submit and upvote questions, a selection of which will be answered by Lucid management during the earnings call.