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Why Lucid Motors Stock Surged Higher This Week. ... Its 2025 model Air sedans range in price from almost $70,000 to as much as $249,000 for its fully equipped Sapphire trim that can deliver over ...
Revenue grew a respectable 33% year over year to $200.6 million while operating losses fell 6.4% to $787.4 million. These are not great numbers but they do demonstrate a move in the right ...
August 21, 2024 at 10:28 AM. Shares of luxury electric vehicle (EV) maker Lucid Group (NASDAQ: LCID) surged as much as 8% higher on Wednesday morning. The move came as CEO Peter Rawlinson started ...
Lucid Motors. Lucid Group, Inc. is an American automotive and technology company that manufactures electric vehicles and supplies advanced electric vehicle powertrain systems. The company is headquartered in Newark, California. [5] In September 2021, the company began producing the Lucid Air sedan at its factory in Casa Grande, Arizona. [6]
It currently sells several versions of its Air sedan, but it plans to roll out its new Gravity SUV by late 2024. Analysts expect its revenue to rise 28% to $762 million in 2024 and surge 152% to ...
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The production model was unveiled in September 2020, and production began in late 2021. [5][6] In November 2020, the Lucid Air Pure was announced with 406 mi (653 km) of projected range and 480 horsepower (360 kW) and a starting price of US$77,400. [7] The range of trim levels includes Pure, Touring, Grand Touring, and Dream Edition.
August 15, 2024 at 11:14 AM. Thursday seems a mighty fine day to own automotive stocks, as positive economic data combine with company-specific news to lift shares of Tesla (NASDAQ: TSLA), Lucid ...