*Stock prices used were the afternoon prices of May 15, 2024. The video was published on May 17, 2024. Lucid is launching the Gravity SUV near the end of 2024, which will likely boost sales in 2025. Fool.com contributor Parkev Tatevosian elaborates on where Lucid (LCID -1.39%) will find itself as it enters the next growth stage. ...

Lucid Group (NASDAQ:LCID) is a perfect example of why you should not short a stock. As famed economist John Maynard Keynes once noted, "The market can stay irrational longer than you can stay solvent." Lucid should be doing even worse than it is. Yet here we are watching Lucid stock soar because someone posted a meme on X. If not for the cash infusions of the Saudi government, the electric vehicle maker would be history. Yet because of that largesse, Lucid continues producing cars, but that does not mean yo ...

Lucid's Q1 report showed that the company is making progress. It also reminded us that big growth is still a long way off. At first glance, luxury electric vehicle maker Lucid Group's (LCID 11.03%) first-quarter earnings report, delivered after the markets closed on May 6, was a mixed bag. While its revenue beat Wall Street estimates, it lost more money than expected. It still has a decent amount of cash on hand, but its capital expenditures were huge. And over 30 months after production of Lucid's much- ac ...

Further, as I pointed out in a previous column, Lucid can capitalize on Tesla's (NASDAQ:TSLA) problems. It can also benefit significantly from selling software subscriptions to its customers. And finally, Lucid stock, along with all the other American EV names, will be strong in the short- to medium-term. Still, I continue to view Lucid stock as too risky to buy or hold at this point. Consequently, I still recommend unloading the shares. Unimpressive Q1 Results and an Excessive Valuation Lucid's (NASDAQ:LCI ...

Shares of former meme-stock darlings Lucid, Nikola, and QuantumScape are all taking off again. Here's the real story. Monday's surprising meme-stock revival continued into Tuesday's trading, as a number of volatile former favorites saw their shares soar again on little news. As was true a few years ago, electric vehicle (EV) stocks were among the big winners on Monday, and the action has continued today. Here are where things stood for these three past-and-maybe-future favorites as of 11 a.m. ET on Tuesday. ...

Lucid Motors (NASDAQ:LCID) stock is rising higher on Tuesday as recent interest in meme stocks are causing many to rally. In Lucid Motors' case, it is often of interest to retail and day traders. However, that doesn't mean it wouldn't benefit from the extra attention that comes with the latest meme stock rally. One thing that could be happening is a short squeeze of LCID stock. That would make sense with its short interest of 280,606,688 shares. This represents a whopping 31.68% of the company's float. Inve ...

On May 14, 2024, Lucid Motors (NASDAQ: LCID) stock surged dramatically, trading at $3.18, up by $0.37 (13.21%) today. This spike has generated buzz about a potential short squeeze. Lucid's short interest stands at 280,606,688 shares, according to NASDAQ, with a short interest ratio of 25.26 days to cover. The short interest as a percentage of float is an alarming 31.68%, suggesting the could be significant volatility ahead. The surge in Lucid's stock price can be linked to a broader revival of meme stocks l ...

There are reasons to buy Lucid's stock, but the Biden administration's plan to hike China EV tariffs probably isn't one of them. Shares of luxury electric vehicle (EV) maker Lucid Group (LCID) moved higher on Monday, following a Wall Street Journal report that the Biden administration plans to sharply hike tariffs on Chinese-made EVs. On the surface, that's great news for American makers of EVs, including Lucid -- and it's not surprising that Lucid's stock jumped on Monday morning. But investors should note ...

hapabapa Lucid Motors (NASDAQ:LCID) presented disappointing quarterly earnings for its 1Q24 on May 6, 2024 that triggered another huge stock drop. However, Lucid Motors had better-than-anticipated sales for the first quarter and reported a narrowing of losses. With that being said, the company continues to produce and deliver only a very small amount of electric-vehicles that are trailing the initial outlook for Lucid Motors’ delivery potential by a mile. Furthermore, the company is still losing a boatl ...

In this articleNKLARIVNLCIDR1T trucks on the assembly line at the Rivian electric vehicle plant in Normal on April 11, 2022. Brian Cassella | Tribune News Service | Getty ImagesOnce-hot electric vehicle startups — years ago fueled by low interest rates, free cash and Wall Street bullishness — are now scrambling to prove they can survive in tougher market conditions. That is if they haven't gone bankrupt already.Chief among their talking points: cash.Executives of Rivian Automotive, Lucid Group and Nikola Co ...