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Lucid: Another Large Capital Raise
LCIDLucid (LCID) Seeking Alpha·2024-08-06 14:40

117 11 I Ti F H 7 H 1 r -1.8 H H 1 I ri F Th H th 1 15 1 T n PM Images After the bell on Monday, we received second quarter results from Lucid (NASDAQ:LCID). The luxury electric vehicle maker has been one of the most disappointing names in the market since going public over the years, as it has continually missed growth targets. The company's inability to grow as fast as hoped has resulted in large losses and cash burn, with a repeat of that in Q2 requiring Lucid to again get assistance from an affiliate of ...