Lucid (LCID)

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Why Lucid Motors Stock Sank Today
The Motley Fool· 2025-04-16 20:06
Luxury electric vehicle (EV) maker Lucid Group (LCID -4.92%) launched its fully electric Gravity SUV to the public last year and began accepting registrations from interested customers. It officially introduced the initial 2026 Grand Touring edition yesterday.A company executive also announced that plans to launch a new, midsize SUV next year are on track. Yet after a brief rise higher, Lucid stock is plunging today. Lucid shares closed the day's trading lower by 5%. Lucid can't escape the tech falloutLucid ...
Why you should buy Lucid stock in the tariff dip
Finbold· 2025-04-16 13:38
Lucid’s (NASDAQ: LCID) upcoming Gravity SUV has long been an important driver of bullish sentiment, even though it has not been entirely free of adverse factors.The latest reviews for the new electric vehicle (EV) model do much to further the excitement. A force of attraction like nothing else.✅ An EPA rated range of up to 450 miles✅ Performance and handling of a luxury sports car, with up to 828 hp✅ One of the easiest and fastest possible charging experiences with a built-in NACS charge port✅ Groundbre ...
Introducing the 2026 Lucid Gravity Grand Touring: A Force of Attraction Like Nothing Else in Nature
Prnewswire· 2025-04-15 13:00
Core Viewpoint - Lucid Group has introduced the 2026 Lucid Gravity, the first SUV that combines luxury, performance, and practicality without compromise, offering features that cater to consumer demands for comfort, space, and advanced technology [1][2]. Group 1: Vehicle Features - The Lucid Gravity is a full-size three-row SUV designed for comfort, accommodating up to seven adults with ample cargo space, including over 111 cubic feet in the seven-passenger version and 120 cubic feet in the five-passenger version [3][4]. - It boasts a driving range of up to 450 miles, with fast charging capabilities that can add 200 miles of range in less than 11 minutes, facilitated by a built-in NACS charge port [1][7][8]. - The vehicle features a standard adjustable air suspension for a smooth ride and an optional towing package with a capacity of up to 6,000 lbs [4][7]. Group 2: Performance and Handling - The Lucid Gravity Grand Touring model is equipped with two motors, all-wheel drive, and delivers 828 hp, achieving 0 to 60 mph in just 3.4 seconds [4][7]. - It incorporates a rear-axle steering system for enhanced maneuverability, improving both high-speed dynamics and everyday driving ease [5][7]. Group 3: Charging Technology - The vehicle supports next-level charging speeds, capable of charging at up to 400 kW on 1000V equipment and sustaining speeds of up to 225 kW on 500V fast chargers, including Tesla V3 Superchargers [8][9]. - Lucid has developed proprietary technology to optimize charging efficiency, allowing the vehicle to utilize the highest voltage available from charging stations [8][9]. Group 4: User Experience - The Lucid Gravity features an advanced user interface, the Clearview Cockpit, with a 34-inch 6K OLED display and an optional augmented reality head-up display for enhanced navigation and interaction [9][10]. - It operates on Lucid UX 3.0, a customizable system designed for over-the-air updates, ensuring the vehicle remains up-to-date with new features throughout its lifetime [10][11]. Group 5: Pricing and Availability - The starting price for the 2026 Lucid Gravity Grand Touring is $94,900, while the Lucid Gravity Touring is priced from $79,900 and is expected to be available later in 2025 [11][16].
Lucid to Buy Nikola Facilities to Expand Footprint in Arizona
ZACKS· 2025-04-14 13:27
Lucid Group, Inc. (LCID) , a U.S.-based EV manufacturer, has agreed to acquire several Arizona-based facilities previously owned by Nikola, an electric truck manufacturer that filed for Chapter 11 bankruptcy protection in February. Lucid also intends to hire more than 300 former Nikola employees for roles in engineering, software, vehicle assembly, testing and warehouse operations across its Arizona locations. This acquisition follows Nikola’s bankruptcy auction, which concluded on April 10, 2025. Lucid wil ...
Can Lucid Group Stock Help Make You a Millionaire?
The Motley Fool· 2025-04-13 11:00
Every investor wants to find the next Tesla (NASDAQ: TSLA). Shares have risen more than 20,000% since 2010. A single $5,000 investment would have turned you into a millionaire if you had invested early.On many metrics, Lucid Group (LCID -0.20%) appears to be a worthy successor. There are two reasons in particular that Lucid could mimic Tesla's rise, minting many new millionaires along the way. But there's one catch that every potential investor should also be aware of in order to maximize your potential gai ...
Lucid Diagnostics: DNA Testing To Get Medicare Coverage, Driving Volumes, Says Bullish Analyst
Benzinga· 2025-04-11 14:53
According to Needham, Lucid Diagnostics Inc. LUCD is likely to receive approval for EsoGuard testing-related Medicare reimbursement, which would boost testing volumes.The Lucid Diagnostics Analyst: Analyst Mike Matson maintained a Buy rating and price target of $3.The Lucid Diagnostics Thesis: The company completed over 25,000 cumulative EsoGuard tests (DNA tests) through the fourth quarter of 2024 and filed for Medicare reimbursement, which is expected to come through in the first half of 2025, Matson said ...
Lucid Stock Jumped This Week, but Here's Why It Might Not Last
The Motley Fool· 2025-04-11 14:21
It's been an incredibly turbulent week for stocks in the electric vehicle (EV) sector and for markets in general. As of early Friday morning, the Nasdaq Composite index was 5.4% higher for the week mainly thanks to Wednesday's historic rally.Shares of EV maker Lucid Group (LCID -1.19%) were doing even better, surging by 10.5%, according to data provided by S&P Global Market Intelligence. Those gains have come partly because of struggles at EV leader Tesla. Investors should be aware of something that could c ...
Lucid Diagnostics Announces Closing of Public Offering of Common Stock
Prnewswire· 2025-04-11 13:23
NEW YORK, April 11, 2025 /PRNewswire/ -- Lucid Diagnostics Inc. (Nasdaq: LUCD) ("Lucid" or the "Company"), a commercial-stage, cancer prevention medical diagnostics company, and subsidiary of PAVmed Inc. (Nasdaq: PAVM), today announced the closing of its previously announced underwritten public offering of 14,375,000 shares of its common stock, including 1,875,000 shares issued pursuant to the exercise of the underwriters' option to purchase additional shares, at a public offering price of $1.20 per share.T ...
Lucid to Acquire Select Facilities and Assets Previously Belonging to Nikola Corporation, Will Extend Offers to 300+ Former Nikola Employees
Prnewswire· 2025-04-11 06:10
Core Points - Lucid Group, Inc. has reached an agreement to acquire select facilities and assets from Nikola Corporation, pending approval from the U.S. Bankruptcy Court [1][4] - The acquisition includes Nikola's former manufacturing and headquarters facilities in Arizona, adding over 884,000 square feet to Lucid's operations [3] - Lucid plans to offer employment to more than 300 former Nikola employees, enhancing its workforce with experienced personnel in EV technology [2][5] Company Expansion - The acquisition aligns with Lucid's strategy to expand its manufacturing, warehousing, testing, and development capabilities in Arizona [5] - The facilities acquired include state-of-the-art manufacturing and warehousing buildings, as well as advanced testing equipment [3] - This move supports Lucid's production ramp of the Lucid Gravity and upcoming midsize platform vehicles [5] Community Impact - The acquisition is expected to benefit the local Arizona community by providing continued employment opportunities for skilled workers [5] - Arizona Governor Katie Hobbs highlighted the positive impact on the state's growing EV and battery manufacturing industry [5] - State Senator T.J. Shope emphasized the importance of the investment in helping those affected by job loss regain employment [5]
Lucid Motors wins bankruptcy auction for Nikola's Arizona factory and other assets
TechCrunch· 2025-04-11 03:06
Core Insights - Lucid Motors has unexpectedly won the bankruptcy auction for Nikola's Arizona factory and other assets, committing approximately $30 million in cash and non-cash considerations [1][2] - The acquisition includes Nikola's lease on its Phoenix headquarters, along with certain machinery, equipment, and inventory [1] - Lucid plans to offer jobs to around 300 former Nikola employees as part of the deal [2] Group 1: Acquisition Details - Lucid Motors' bid was surprising as Nikola had been attempting to sell its entire business since filing for bankruptcy protection in February [2] - The acquisition is strategic for Lucid, which already operates a factory in Casa Grande, Arizona, allowing for increased warehousing space and testing equipment [3] - The bankruptcy judge has allowed objections to the sale until April 11, with a hearing scheduled for the same day [4] Group 2: Background Context - Nikola's founder, Trevor Milton, who was previously convicted of fraud, attempted to bid on the assets but was blocked from inspecting them prior to the auction [3] - Lucid's focus has primarily been on passenger electric vehicles, contrasting with Nikola's involvement in hydrogen-powered electric vehicles [2]