NEWARK, Calif., Oct. 28, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced the Lucid Air has earned five stars, the highest possible overall safety rating, from the National Highway Traffic Safety Administration's New Car Assessment Program for 2025. The Lucid Air Pure, Touring, Grand Touring, and Sapphire received the maximum five-star scores for overall safety in frontal crash, side crash, and rollover testing. Lucid Air Lucid Air ...

Lucid had been gaining momentum with three straight quarters of record deliveries, but recently hit two speed bumps. Lucid Group (LCID) has had quite a roller-coaster ride through its limited history. It started out producing a high-quality sedan electric vehicle (EV) but continuously disappointed investors with production hiccups and disappointing deliveries. That's changed recently, and Lucid has been gaining momentum while rivals such as Rivian Automotive (NASDAQ: RIVN) deal with production snags of thei ...

The company is growing deliveries but is still a subscale automotive player.The 2020 and 2021 stock market bubble brought many companies public that should have stayed private. Specifically, a lot of electric vehicle (EV) stocks with shaky business models.People wanted to copy Tesla, and investors were fueling the EV makers with absurd levels of funding. It was a fun time. Well, maybe only if you didn't buy the stocks.One company still kicking around is Lucid Group (LCID). The aspiring luxury EV brand went ...

Lucid Group, Inc. NASDAQ: LCID has made headlines with its recent stock sale, raising a staggering $1.75 billion. CEO Peter Rawlinson has confidently declared that this will fuel the company’s operations "well into 2026," allowing them to ramp up production of the Gravity SUV and launch new models. However, investors are hesitant, as Lucid's stock price has fallen over 30%. Is this stock sale a strategic move toward dominance in the electric vehicle (EV) automotive sector or a desperate attempt to stay aflo ...

Interest rates and the anticipation of big news from Tesla played roles in Lucid stock's moves Wednesday.Lucid (LCID -4.60%) stock lost ground in Wednesday's trading. The company's share price closed out the daily session down 4.6% and had been down as much as 5.4% earlier in the day.Lucid stock fell in today's daily trading as investors weighed the possibility that the Federal Reserve will adopt a slower-than-anticipated pace for interest rate cuts. The market was also feeling jittery about electric vehicl ...

In this articleLCIDLucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, New York, July 26, 2021.Andrew Kelly | ReutersDETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and led to the stock's worst daily performance in nearly three years — CEO Peter Rawlinson told CNBC.Ra ...

Lucid Group (LCID) has been on a downward spiral lately with significant selling pressure. After declining 24.6% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock ...

Lucid Motors (NASDAQ: LCID) has had a rough week, with shares closing at $2.63 on Friday, down -0.060 (2.23%) for the day and -22.19% over the past five trading sessions. The luxury electric vehicle (EV) maker, which currently holds a market cap of $7.6 billion, is trading near the lower end of its 52-week range. With the S&P 500 nearing all-time highs, Lucid’s sharp decline stands in stark contrast, leaving investors wondering whether this is a buying opportunity or a signal to stay on the sidelines.In the ...

Lucid set a new record for deliveries while Rivian hit a speed bump -- but there's more to the story. Rewind the clock about a year ago and the stories of Lucid Group (LCID -2.23%) and Rivian Automotive (RIVN -0.79%) were quite different. Lucid had a string of disappointments for investors while Rivian arguably had more momentum than any other start-up electric vehicle (EV) maker. The stock prices reflected that, with the two EV makers moving in opposite directions. The third quarter of 2024 has brought a r ...

A large secondary stock offering and a weak preliminary earnings report disappointed investors. Shares of Lucid Group (LCID -15.55%) shifted into reverse Thursday after the electric vehicle (EV) maker announced a secondary stock offering and released disappointing preliminary results for the third quarter Wednesday night. As of 12:41 p.m. ET, the stock was down 15.2%. Lucid faces more skepticism Investors tend to dislike secondary stock offerings as they dilute existing shareholders, and the weak thirdquart ...