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Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Lucid (LCID 4.30%) stock jumped in Monday's trading. The electric vehicle (EV) specialist's share price ended the daily session up 4.3%, according to data from S&P Global Market Intelligence.Lucid stock advanced today thanks to a strong earnings report and guidance from Li Auto. The Chinese auto company's fourth-quarter performance and forward outlook came in much better than anticipated, and the results helped power valuation gains for other companies in the EV space.Li Auto posted non-GAAP (adjusted) earn ...

Lucid Motors (NASDAQ:LCID) stock is rising today by over 4%, even in the face of a Wall Street downgrade. Analyst Stephen Gengaro of Stifel Nicolaus has issued a bearish take on LCID stock, lowering his price target from $5 to $4 and reiterating a “hold” rating. While the electric vehicle (EV) producer has spent the past six months bleeding out almost 50% of its value, it has picked up some slight momentum over the past week. Today’s performance suggests that the scrappy startup isn’t done fighting, even as ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (MARK ONE) (Exact name of registrant as specified in its charter) Delaware 85-0891392 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 7373 Gateway Boulevard, Newark, CA 94560 (Address of principal executive of ices) (Zip code) (510) 648-3553 x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 (Regi ...

What unites all Lucid cars is a proprietary technology that allows the automotive technology of tomorrow to be experienced today. It is characterized by short charging times - up to 400 kilometers within 16 minutes - and very long ranges of up to 839 kilometers. Always combined with the elegant design and high-quality interior for which Lucid is renowned. These attributes naturally also apply to the three new models that Lucid is presenting to the European market at this year's Geneva International Motor Sh ...

Bloomberg/Bloomberg via Getty Images Lucid Stock Outlook Lucid Group, Inc. (NASDAQ:LCID) makes a pretty stunning vehicle. It's unfortunate that the company failed to mass-produce and sell the Lucid Air at a profit. Despite extremely high hopes and rich estimates, Lucid only sold 6,001 cars last year of the 8,428 it built. The car company recently reported earnings, and the results were horrendous. Lucid delivered just 1,734 vehicles in Q4, resulting in only $157.51M in revenues, $24.25M shy of estimates, an ...

Shares of electric vehicle makers Rivian and Lucid plummeted Thursday after the companies reported disappointing results and stagnant production in their fourth quarter earnings after the bell Wednesday.Rivian shares plunged about 25% and Lucid's stock sank more than 15% as of Thursday afternoon.Rivian forecast it will make 57,000 vehicles in 2024, slightly below the 57,232 vehicles the company produced last year. Lucid said it expects to make 9,000 vehicles in 2024, about 7% higher than (please double chec ...

Shares of electric vehicle (EV) firms Rivian Automotive Inc (NASDAQ:RIVN) and Lucid Group Inc (NASDAQ:LCID) are plummeting this afternoon, following quarterly results.Rivian Automotive Stock Hits Record Low After EarningsRivian Automotive stock is down 25.2% at $11.52 at last glance, after the EV maker announced worse-than-expected fourth-quarter results. Also weighing on RIVN is news that the company laid off 10% of its workforce and word that it expects to see lower-than-expected car production going forw ...

Lucid (NASDAQ:LCID) stock is down by nearly 20% after the electric vehicle (EV) company reported its Q4 earnings. During the quarter, revenue tallied in at $157.2 million, falling short of the analyst estimate of $180 million by about 12.6%. Earnings per share (EPS) came in at a loss of 29 cents, beating the analyst estimate of a loss of 30 cents.Lucid delivered a total of 1,734 vehicles during Q4, down from 1,932 deliveries year-over-year (YOY). That brought its total 2023 deliveries to 6,001 vehicles, up ...