News
LCID
2.970
+7.61%
0.210
Tesla Stock Gains. BYD, Fisker, CATL, and Other Electric Vehicle News.
Tesla's shares were up 0.2% in early trading. The electric-vehicle maker is working with a Chinese battery maker to make faster-charging batteries. Fisker cut prices on some of its 2023 models to stoke demand. Tesla's stock has gained this week as competition among EV makers intensifies.
Barron‘s · 3h ago
Polestar's Latest EV Is a Car With No Rear Window
Polestar Automotive unveils the Polestar 4 for the U.S. Market at the New York Auto Show. It's the company's third all-electric car on sale in America. The car has no rear window and can go from zero to 60 miles an hour in four seconds. The company has been able to release its vehicles on time.
Barron‘s · 15h ago
A Little Good News for Lucid Investors
Electric vehicle maker Lucid secured a $1 billion investment from an affiliate of Saudi Arabia's Public Investment Fund. Shares of Lucid jumped 16% Monday after the news. The move will help keep Lucid afloat during a slowdown in the U.S. EV industry. Lucid is a rival to Fisker.
The Motley Fool · 22h ago
BUZZ Investing: U.S. Markets Climb Amid Crypto Rally
U.S. Domestic markets gained during the recent period between Index selection dates. The BUZZ NextGen AI US Sentiment Leaders Index notably outperformed with a 9.4% rise, fueled by advancements in cryptocurrency-related stocks. The index returned 13.08% during the month of February compared to the S&P 500 Index.
Seeking Alpha · 23h ago
Tesla Stock Is Rising. It's Building on Tuesday's Strong Advance.
Tesla stock was up 1.1% in the premarket after adding almost 3% yesterday. The electric-vehicle maker's shares were up in early trading Wednesday. Tesla will offer free trials of its self-driving software. The stock is on track to finish the week higher.
Barron‘s · 1d ago
DJT Stock: Trump Media Could See a Massive Gamma Squeeze
Shares of Trump Media (NASDAQ:DJT) began trading under its new ticker on Tuesday. Over the past week, trading in DJT’s call options has surged. The stock could still rise to $100 or more on a gamma squeeze. Gamma squeezes happen when stock prices suddenly rise quickly, forcing options market makers to buy shares.
Investorplace · 1d ago
Jim Cramer Is Worried About Lucid Following Fisker Stock Collapse, NYSE Delisting
Fisker Inc stock was delisted from the New York Stock Exchange on Tuesday. Jim Cramer says another EV startup that went public via a SPAC could suffer the same fate. Fisker went public in late 2020, when the EV market was at its peak. Lucid Group Inc is another popular EV startup to have gone public via an SPAC.
Benzinga · 1d ago
Lucid: The Painful EV Consolidation Is Here, Will It Be Next?
Lucid Group, Inc. Continues to enjoy robust financial support from the Saudi Arabia PIF. The automaker's near-term prospects remain uncertain, given the apparent gap in demand/ supply. The company's stock is currently charting lower lows and lower highs. We maintain a Hold (Neutral) rating on the company.
Seeking Alpha · 1d ago
Wall Street Breakfast Podcast: Lucid Group Secures $1B Investment
Saudi PIF wealth fund affiliate invests $1B in Lucid Group. World's largest oilfield services company SLB has no plans to leave Russia. WeWork founder and former CEO Adam Neumann makes $500M bid to buy back the company. Morgan Stanley says Lucid group rallies after a new Saudi fund investment.
Seeking Alpha · 2d ago
The EV Start-Up Graveyard And The Walking Dead
Many EV start-ups that were once valued at billions of dollars are now bankrupt or on the verge of bankruptcy. The failure of these companies can be attributed to unrealistic valuations, poor financial management, and unrealistic revenue forecasts. More than $175 billion was lost by investors in the 19 start-up companies profiled three years ago. Legacy automakers, along with Tesla, now control the EV market. Michael McGrath defines a new EV investment roadmap that shifts focus to Legacy auto companies and Tesla.
Seeking Alpha · 2d ago
Lucid Secures $1B Funding; Penny Stock Closes Higher
TipRanks · 2d ago
Lucid Group Is Maintained at Underweight by Morgan Stanley
Dow Jones · 2d ago
Lucid Group Price Target Maintained With a $3.00/Share by Morgan Stanley
Dow Jones · 2d ago
Morgan Stanley Maintains Underweight on Lucid Gr, Maintains $3 Price Target
Benzinga · 2d ago
Why Landos Biopharma Shares Are Trading Higher By Over 170%? Here Are Other Stocks Moving In Monday's Mid-Day Session
Landos Biopharma, Inc. Shares jumped 171.2% to $21.70 on Monday. AbbVie and Landos signed a definitive agreement to acquire the company. Altamira Therapeutics Ltd. Shares climbed 70.1% after falling around 22% on Friday. GameStop Corp. Shares rose 8.4% after the company announced a separation.
Benzinga · 2d ago
Lucid Group rallies after a new Saudi fund investment bolsters confidence
Seeking Alpha · 2d ago
US Stocks Drift Lower As Tech Titans Fall, Oil Pushes Energy Giants Near Peaks, Bitcoin Reclaims $70,000: What's Driving Markets Monday?
Monday was a relatively lackluster session on Wall Street. Major indices of large caps were in the red, while small caps outperformed. Energy stocks continue to advance, benefiting from rising crude prices. Bitcoin rose over 5%, reclaiming $70,000. Treasury yields moved higher. European watchdogs launched probes into Apple, Google and others.
Benzinga · 2d ago
BUZZ-U.S. STOCKS ON THE MOVE-Super Micro, Micron Technology, Navios Maritime
Dow Jones Industrial Average was down 0.36% on Monday. Top three S&P 500 percentage gainers: Super Micro Computer, Micron Technology, Navios Maritime. Wall Street's main indexes eased at the start of the holiday-shortened week. Advancing chip stocks kept losses on the tech-heavy Nasdaq in check.
Reuters · 2d ago
Why Lucid Stock Is Soaring Today
Electric vehicle maker Lucid has agreed to sell $1 billion worth of preferred stock to an affiliate of Saudi Arabia's Public Investment Fund. The company's share price was up 7.9% on Monday. The PIF is already the largest stakeholder in the company and owns 60% of Lucid.
The Motley Fool · 2d ago
Sell Rating on Lucid Group Amid Financial Strains and Strategic Hurdles
TipRanks · 2d ago
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About LCID
Lucid Group, Inc. is a technology and automotive company. The Company is focused on designing, developing, manufacturing, and selling of electric vehicles (EV), EV powertrains and battery systems using its own equipment and factories. It offers its own geographically distributed retail and service locations and through direct-to-consumer online and retail sales. It also boasts a product roadmap of future vehicle programs and technologies. It focuses on in-house technology innovation, vertical integration, and a clean-sheet approach to engineering and design have led to the development of Lucid Air. The Lucid Air is an electric sedan that redefines both the luxury car segment and the electric vehicle space. Lucid Air is manufactured at its greenfield electric vehicle manufacturing facility in Casa Grande, Arizona, Advanced Manufacturing Plant-1. It also owns and operates a vehicle service network comprised of service centers in metropolitan areas and a fleet of mobile service vehicles.