Lucid Group, Inc. (NASDAQ:LCID) Deutsche Bank Global Auto Industry Conference June 11, 2024 2:40 PM ET Company Participants Peter Rawlinson - CEO and CTO Conference Call Participants Emmanuel Rosner - Deutsche Bank Emmanuel Rosner Pleased to be joined today by Peter Rawlinson, who is the CEO and CTO of the company. As you probably all know, Lucid is a vehicle manufacturer specializing in luxury electric vehicles, as well as electric technology. The company is targeting production of 9,000 units for this yea ...

Back in 2022, the Lucid Air won automotive publication MotorTrend's Car of the Year award. At the time, one of the standout attributes regarding the Air was its engineering excellence. In part, the auto magazine highlighted the EV's unique heat management and cooling systems which effectively handle the loads associated with full power. Against the bigger picture, it's admittedly tough to bet heavily on Lucid stock. As CNBC pointed out earlier this year, the robust sentiment for EV manufacturing has faded. ...

When the rulebook of the game changes every second, a few companies are reimagining and bringing some radical products to market. These are not only changing the game for the industries they are venturing into but also turning out to be great long-term investment bets. As they change the face of their respective industries, they offer a unique chance to get on board for growth and innovation. Here are three leading stocks that are not just revolutionizing the future but are also changing the game in your po ...

NEWARK, Calif., June 7, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced that Peter Rawlinson, CEO and CTO, will participate in a fireside chat at the Deutsche Bank Global Auto Industry Conference on Tuesday, June 11, at approximately 2:40 p.m. Eastern Time. Both discussions will be webcasted live on Lucid's investor relations website at https://ir.lucidmotors.com. A replay of each webcast will be available for 60 days following the ...

Once a super-hyped $90 billion electric vehicle maker, Lucid Group Inc. (LCID, Financial) now faces extreme skepticism from the markets as it struggles to achieve a sustainable business in a market that looks very different compared to three years ago. However, despite these advantages, Lucid is far from achieving sustainability and has become a cash-burning machine funded by Saudi Arabia. It targets a niche luxury EV market, but struggles with profitability, losing over $100,000 per vehicle, reporting a $6 ...

Former Intel, National Grid Executive Brings Technology and Sustainability Leadership to the Company NEWARK, Calif., June 4, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced the election of Lisa M. Lambert to its board of directors effective immediately. Lambert was elected at Lucid's 2024 Annual Meeting of Stockholders and will bring extensive technology experience to Lucid after having led sustainability, infrastructure and techno ...

Durham, North Carolina, June 04, 2024 (GLOBE NEWSWIRE) -- ProcessMaker, a leader in business process intelligence and automation, has partnered with Lucid Software, the maker of the intelligent diagramming application Lucidchart, to bring the power of visual diagramming and business process automation together to help businesses accelerate Process Automation. Both companies have built a fluid integration between platforms, enabling users to directly import business process diagrams from Lucidchart into Proc ...

With consumers moving away from fully electric vehicles in favor of gas/electric hybrids, now is not the time to invest in Lucid Group (NASDAQ:LCID). Lucid stock has steadily declined as the company struggles with waning demand and an ongoing series of production problems. Since going public in 2021, Lucid stock has fallen over 70% and the share price is now below $3. That places the company on the penny stock league tables. While some people might be tempted to bottom fish the stock, any investment at this ...

Genesis and Lucid Motors are in advanced talks for electric motor supply, potentially Lucid's second major deal. Hyundai's silence suggests ongoing negotiations, reflecting Genesis' aim for efficient, high-performance motors for their luxury vehicles. The report hints at broader implications beyond motor pricing and integration, suggesting deeper ties between Hyundai and Lucid. High-level visits hint at potential collaboration depth. Lucid sightings in South Korea raise questions about broader connections, ...

By clicking "Sign Up", you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Access your favorite topics in a personalized feed while you're on the go. download the app Sign up to get the inside scoop on today's biggest stories in markets, tech, and business — delivered daily. Read preview Lucid CEO Peter Rawlinson isn't a fan of Tesla's recent trajectory under Elon Musk. Rawlinson, who serve ...