Company
Lucid Group Inc
NASDAQ:LCID
Lucid Group Inc is the holding company of Lucid Motors, maker of the Lucid Air, which it says is "the quickest, longest range, fastest charging luxury electric car in the world". The group is headquartered in Silicon Valley and its first factory is based on a 500-acre property in Casa Grande, Arizona, with plans for an initial capacity of 10,000 cars a year.
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Tesla rival Lucid plagued with demand issues
Lucid delivered fewer cars than it produced in the three months to March
Tesla price cut hits rival Lucid
Lucid struggled with falling demand in the final quarter, as price cuts from Ford and Tesla hit the EV market
Lucid Motor trims losses after doubling EV deliveries
The carmaker, which is bossed by Tesla's former chief engineer, said it was on track to achieve its full-year production target
Tesla competitor Lucid seeks US$8bn as production stutters
Lucd filed for a mixed shelf offering, which will enable it to sell different types of securities in separate offerings with the size, price, and terms to be determined at the time of sale
Lucid misses revenue target and cuts production guidance again
Revenues at the luxury EV maker were US$97.3mln for the second quarter, woefully short of analysts' estimates of US$145.49mln
Tesla rival Lucid to raise US$1.75bn in debt sale
The company's shares fell as investors responded to the dilution risk
EV challenger Lucid surges after unveiling fast-growing list of customer reservations
Reservations for its first electric vehicles have now exceeded 17,000
Lucid delivers its first electric vehicles
The Dream Edition Range is the first EV to achieve an estimated 520 miles on a single charge
Lucid to make first electric vehicle deliveries in late October
The Dream Edition R is priced at $169,000, while the cheapest model, the Lucid Air Pure, will have a price tag of $77,400
Tesla loses EV range crown to Lucid Motors
Lucid Group arrived on Wall Street in July after completing a merger with special-purpose acquisition company Churchill Capital Corp IV
Upstart Tesla challenger Lucid revs up after Churchill Capital merger
The company merged with a shell company that was one of the most bought shares by UK investors in the first half of the year