Lucid isn't alone in its struggles this year. Nearly every other electric vehicle (EV) maker has seen its valuation shrink.
Lucid had another year of brutal losses. Revenue hit $807 million for 2024, up from $595 million in 2023. Its net loss was $2.7 billion compared to $2.8 billion in 2023.
American electric vehicle startup Lucid is burning through cash at an alarming rate as it tries desperately to avoid the same fate that hit defunct automakers like Canoo and Nikola. The struggles ...
Lucid Group (LCID) saw its stock price tank on Wednesday after the EV company released its Q4 earnings report and announced that its CEO, Peter Rawlinson, would be stepping down. Rawlinson, who ...
Lucid Group (NASDAQ: LCID) recently launched its new fully electric SUV, and now has told investors it plans to produce more than twice as many electric vehicles (EVs) in 2025 as it did in 2024.
BofA also slashed its Lucid price target to $1 from $3. Alongside the leadership change, Lucid said it expects to produce around 20,000 vehicles in 2025, up from roughly 9,000 cars in 2024. Still ...
A night-vision smart camera that detects eye movements during REM sleep and triggers audio and visual alerts to promote lucidity.
After four straight record quarters, Lucid delivered 10,241 vehicles last year. That’s up 70% from the roughly 6,000 EVs Lucid delivered in 2023. In the final three months of 2024, the company ...
Mount Pleasant’s mayor, a city council member and two former council members have been indicted on charges stemming from an investigation into allegedly fraudulent travel reimbursements.
Refreshingly unexpected, Dag Johan Haugerud’s Dreams (Sex Love) — the first Norwegian film to win the Berlinale’s Golden Bear — breathes new life into the often oversimplified genre of ...
Pleasant local, Jessica Cregger ... “I was terminated from my dream job,” Cregger said. “And so was almost half of my department.” Cregger landed a job as a permanent park ranger on ...
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