Lucid's share price is dipping despite some seemingly positive news.Lucid (LCID -1.76%) stock has seen substantial volatility Wednesday, but it's swung to the red in late trading. The company's share price was down roughly 2% as of 3:15 p.m. ET, but it had been up as much as 5.8% earlier in the day.Lucid stock saw gains early in today's session after the company announced that it had signed on to a new mineral-sourcing initiative. The company published a press release today detailing its collaboration with ...

Core Insights - Nio and Rivian are two prominent players in the electric vehicle (EV) industry, each taking distinct approaches to achieve success in the market [1]. Company Strategies - Nio is focusing on redefining electric vehicle success through innovative strategies and product offerings [1]. - Rivian is also pursuing a unique path in the EV sector, emphasizing its own vision of electric vehicle dominance [1]. Investment Considerations - Investors are encouraged to consider the potential of both Nio and Rivian as they reshape the future of the electric vehicle market [1].

Electric vehicle (EV) stock Rivian Automotive Inc (NASDAQ:RIVN) is down 2.9% to trade at $12.65 at last check, after a downgrade from Guggenheim to "neutral" from "buy" to go with a price-target cut to $16. The analyst in coverage cited the likelihood of softer long-term sales of its R2 and R3 cars. Most brokerages are already skeptical of RIVN, but there is room for additional bear notes, as eight of 26 firms carry still a "buy" or better rating. Plus, the 12-month consensus target price of $15.10 is a 19. ...

Core Viewpoint - Honda has halted plans for a large electric SUV due to weaker-than-expected demand for sizable electric vehicles and the impact of President Trump's decision to cut EV incentives in the US [1][2][4]. Group 1: Honda's Decision - Honda has reportedly scrapped the development of a seven-seat electric SUV, which was initially planned to follow the five-seat SUV and sedan based on the Concept 0 unveiled at CES [1][4]. - The company has cut approximately $48 billion (¥7 trillion) from its research and development budget for electric vehicles [4]. Group 2: Market Context - Demand for large electric cars has been lower than anticipated, influencing Honda's decision to suspend its EV plans [2][9]. - Other manufacturers, including Ferrari and Lamborghini, have also delayed or pushed back their electric vehicle projects in response to market conditions [12]. Group 3: Broader Industry Trends - The electric vehicle market is facing challenges, as evidenced by Kia's EV9 selling only 165 units in Australia compared to 5,165 units of the combustion-powered Sorento in the first half of the year [8][11]. - Major brands like Mercedes and VW are experiencing significant sales ratios favoring combustion-powered models over their electric counterparts [11].

Corporate woke wars have found their latest battleground in a freezer. Semaphore reporting that Unilver cutting off funding to Bett and Jerry's foundation. This after a clash over transparency and ideological control. Joining us right now to get into it all, Liz Hoffman, Salfor's business and finance editor. This is a fascinating story. Um, tell us what's really going on here. So, you know, Unilver bought Ben & Jerry's 25 years ago and kind of first they really like their kind of quirky progressive politics ...

We might have to put Doge on Elon. You know, you know what Doge is. Doge is the monster that have that might have to go back and eat Elon.Wouldn't that be terrible. He gets a lot of subsidies, Peter. But, uh, Elon's very upset that the EV mandate is going to be terminated.And you know what. When you look at it, even who wants, not everybody wants an electric. ...

Core Insights - Xiaomi is launching a new electric SUV, the YU7, aimed at competing directly with Tesla's Model Y, priced at 253,500 yuan ($35,322), which is 10,000 yuan cheaper than Tesla's offering [1] - A Citi report had anticipated the YU7's price to be between 250,000 yuan and 320,000 yuan ($34,800 to $44,590), with expected monthly sales of around 30,000 units and annual sales projections of 300,000 to 360,000 units [2] - The YU7 is claimed to outperform Tesla's Model Y in several metrics, although it falls short in driver assistance features [3] Pricing and Market Position - The starting price of the YU7 is set at 253,500 yuan ($35,322), making it a competitive alternative to Tesla's Model Y priced at 263,500 yuan [1] - The pricing strategy aligns with Xiaomi's previous model, the SU7 sedan, which was also priced lower than Tesla's Model 3 [2] Sales Projections - Citi forecasts monthly sales of approximately 30,000 units for the YU7, with potential annual sales ranging from 300,000 to 360,000 units once sales momentum builds [2] Product Features - The YU7 includes driver-assist software, with the most advanced version utilizing Nvidia's Thor chip, although it is noted to be lacking in some driver assistance capabilities compared to Tesla [3] - Pre-sales for the YU7 commenced shortly after the announcement, with expected delivery timelines of one to five weeks [3]

Market Trends & Dynamics - European car market new car registrations slightly decreased by 0.6% in the first half of 2025 [1] - Electric vehicle sales in Europe surged by 25%, reaching a 15.4% market share [1] - Hybrid vehicles are gaining popularity in Europe, accounting for 35.1% of the market [1] - New energy vehicle sales in Spain increased dramatically by 79% [1] - Chinese brand SAIC Motor has surpassed Tesla in sales [1] Tesla Developments - Tesla Robotaxi's "critical disengagements" are sparking online debate [1] - FSD technology experiences a serious intervention approximately once every 1,500 miles, indicating potential for improvement [1] - Tesla Semi production is accelerating with GROB Systems equipment arriving at the Nevada Giga Semi factory [1] - Tesla aims for trial production of the Semi by the end of 2025 and mass production by 2026, targeting an annual capacity of 50,000 units [1] Other - JOWUA offers a 5% discount with the code BIGFISH95 [1]

Economic Shift & Geopolitics - The speaker argues there has been a rapid shift of economic power in the last 25 years, largely unnoticed [5] - The world order has changed significantly in the last 24-25 years [6] - The speaker challenges the Western media's narrative about China, finding it untrue based on personal observation [3][7] - The speaker highlights the "Thucydides Trap," suggesting the West is threatened by China's rise [16] - The speaker advocates for a multipolar world order, opposing hegemonic dominance by any single state [20][21][25] China's Economic Model & Development - China's economic model is described as a "socialist market economy," where the government owns core infrastructure but allows a private sector [14] - The private sector contributes significantly to China's GDP (60%), urban employment (80%), and new job creation (90%) [15] - China's rapid growth is likened to going from a bicycle to a spaceship in one lifetime, driven by economic reforms starting in 1978 [12] - The "Mayor's Economy" is mentioned as a development strategy, where local mayors are responsible for economic growth with state oversight [13] - China's Belt and Road Initiative is presented as a model for shared prosperity, contrasting with the concentration of wealth in the hands of a few in some Western economies [18][19] China's Future & Global Leadership - The World Bank projects China to be the number one economy by 2030 [27] - China is currently leading in areas like AI, electric vehicles (60 million), and digital finance [26] - The speaker emphasizes China's work ethic and long-term vision as key factors in its success [28] - A unified, multipolar system is needed to address global challenges like AI governance and pandemics [29]

The massive drop may have some investors hoping that if Lucid can just regain its momentum in the EV market, perhaps it can achieve its previous share price -- which would be more than a 2,500% increase from its current price. Electric vehicle (EV) maker Lucid (LCID -2.55%) experienced a share price surge after the company went public in 2021. But since about mid-2022, the stock has been on a steady decline and is down 96% from its all- time high of about $58. For one, American consumer interest in electric ...