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In other words, Lucid has a balance sheet problem. The upstart EV maker has a lot of spending that it still needs to do, but it just doesn't have the cash to do it. This is a huge risk for investors.
Rivian Automotive is a more compelling investment due to higher delivery volumes, a stronger balance sheet, and a lower sales multiple. Lucid Motors' high valuation and cash burn trend justify ...
Lucid is working to increase its production at a fairly rapid clip with a goal to double production in 2025. The EV maker highlighted that it achieved record production in each quarter of 2024 ...
Shares of luxury electric car manufacturer Lucid (NASDAQ:LCID) jumped 13% in the morning session after Morgan Stanley analyst Adam Jonas upgraded the stock's rating from Sell to Hold, highlighting ...
Model S drivers interested in ditching their sedan should consider its natural replacement: the Lucid Air Touring. It's difficult to separate either sedan in terms of performance. The Tesla Model ...
The electric car battle between Lucid and Tesla has been dying down over the last few months, but it's certain to kick up again once the American newcomer releases its host of planned crossovers ...
A new PhAAS called Lucid is now available and is used to target iPhones, according to a report by security researcher Catalyst. What’s alarming about Lucid is that it involved phishing messages ...
Lucid posted a record quarter, which is their fifth consecutive record. The startup delivered over 3,000 cars from January through March. Lucid has to thank Tesla owners who jumped ship for the ...
What Happened: Morgan Stanley has upgraded its rating for Lucid, recognizing the potential for the company’s new management to steer it towards artificial intelligence (AI) and beyond its ...
It focuses on in-house hardware and software innovation, vertical integration, and a clean-sheet approach to engineering and design led to the development of the Lucid Air. The Lucid Air is a ...
Study confirms clinical utility of EsoGuard as a non-invasive triage tool to significantly increase positive yield of invasive upper endoscopy NEW YORK, March 18, 2025 /PRNewswire/ -- Lucid ...
Lucid Group Inc.'s stock has had a tough time ever since the EV maker announced its founder and chief executive was on his way out: It is down about 17% from that late February announcement to ...
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