Lucid (LCID) rises in pre-market following 4Q delivery beat
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Lucid (LCID) falls in pre-market after announcing 2k unit recall
January 12, 2024 8:05 AM ESTShares of Lucid Group (NASDAQ: LCID) are down more than 3% in pre-market trading Friday morning after the company announced that they will be recalling more than 2,000 of its Air luxury electric sedans.
According to the recall notice, early versions of the Air sedan,... More
CFRA downgrades Lucid (LCID) as sales fall short
January 11, 2024 12:52 PM ESTCFRA research has downgraded Lucid Auto (NASDAQ: LCID) from a Sell rating to a Strong-Sell rating while also cutting their 12-month price target on the companys shares to $1.00 (From $2.00) after Lucid announced a rise in deliveries during the fourth quarter.
While LCID's quarterly... More
Tesla (TSLA), Other EV Stocks Lower as Hertz (HTZ) to Sell Third of U.S. EV Fleet
January 11, 2024 9:07 AM EST(Updated - January 11, 2024 9:07 AM EST)
Tesla (NASDAQ: TSLA), Other EV Stocks Lower as Hertz Global (NASDAQ: HTZ) to Sell Third of EV U.S. Fleet
Tesla -1.3%Hertz said, "The Company expects this action to... MoreEV maker Lucid's quarterly production, deliveries fall, shares tumble
January 11, 2024 9:02 AM EST(Reuters) - Lucid Group said on Thursday its deliveries and production fell in the fourth quarter from a year earlier, sending its shares down to a record low.
High interest rates have weakened demand for EVs as customers cut back on big-ticket purchases, which has prompted automakers such as Ford and General Motors to push back their planned EV and battery factory expansion plans.
Lucid has also been hit by a... More
Lucid Group (LCID) Produced 8,428 EVs in 2023, Delivered 6,001
January 11, 2024 9:01 AM ESTLucid Group, Inc. (NASDAQ: LCID), setting new standards for luxury electric experience with the Lucid Air, selected to Car and Driver's 10Best list for 2024, today announced production and delivery totals for the quarter ended December 31, 2023.... More
