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That’s the story unfolding on Reddit right now, where user hermanito_09 has documented, in painstaking detail, what happens when the utopian EV ownership experience promised by Lucid Motors ...

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.

Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. This image released by Briarcliff Entertainment ...

Diamond-selling recording artist Nickelback will appear alongside several supporting acts, including country rock singer-songwriter Brantley Gilbert, Aug. 31 at the Field of Dreams in Dyersville as ...

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 ...