Oct 17 (Reuters) - Cash-strapped electric luxury sedan maker Lucid (LCID.O), opens new tab said on Thursday a combined public offering and private placement of roughly 637 million shares would ...
Lucid announced it would sell shares to Saudi Arabia's Public investment Fund. The company officially filed SEC documents today showing the purchase of 396 million shares. Lucid has enough cash to ...
Lucid Motors will begin accepting reservations for its second vehicle, the 2025 Lucid Gravity SUV, on Nov. 7. The entry-level Gravity will carry an MSRP of $79,900. With the expected delivery ...
Lucid is just about ready to start production of its second act, the Gravity crossover that was unveiled last year, and we’re now getting a better idea of what it’ll cost. I’ve got some ...
Momentum has swapped between Lucid and Rivian recently. Lucid set delivery records for three straight quarters. Rivian hit a production snag and deliveries have declined. Lucid set a new record ...
Lucid Group, Inc. announced a $1.7 billion equity raise, causing a 15% stock drop and significant dilution for investors, highlighting its reliance on cash infusions. Despite a 16% QoQ increase in ...
Lucid's Q3 production report missed estimates. The EV maker announced production of 1,805 EVs, well below Wall Street's forecasts of 2,267 EVs. Despite that, the company demonstrated a significant ...
Despite admitting “the market is tough,” Lucid Motor’s (LCID) CEO Peter Rawlinson said the luxury EV maker is outpacing its rivals. With nearly 2,800 vehicles delivered in Q3, Lucid broke ...
Lucid Motors stock (LCID) is sliding after the electric vehicle maker announced another capital raise via a share sale late Wednesday night, as the California-based automaker seeks further runway ...
Love it or hate it, the 2025 Lucid Gravity has arrived. The SUV from Lucid looks to elevate our standards the same way the Air sedan did when it earned our 2022 Car of the Year award. Except the ...
Lucid Group announced that it priced its underwritten public offering of 262,446,931 shares of its common stock. The public offering is expected to close on or about October 18, 2024, subject to ...
EV maker launches public offering of 262.4 million shares, but sovereign fund of Saudi Arabia to buy 374.7 million shares Shares of Lucid Group Inc. took a deep dive in early Thursday trading ...