Wednesday, January 19th, 2022

Tag: Lucid

Lucid must parlay early wins into lasting success

“We have had a great deal of activity recently, and we’ve been very excited by some of the awards coming our way,” Zak Edson, Lucid’s senior director of sales and service, told Automotive News....

North American Car, Truck and Utility of the Year Awards finalists include startups Lucid, Rivian

The Ford and Hyundai brands each account for two of the nine finalists for the 2022 North American Car, Truck and Utility Vehicle of the Year Awards. Electric vehicle startups Lucid and Rivian also are...

Cramer’s advice on Lucid and Rivian EV momentum trades: Take profits

CNBC’s Jim Cramer on Wednesday urged investors in high-flying electric vehicle stocks to remain disciplined, leaning on the history of the dot-com bubble to inform his latest market advice. “I can’t blame anyone who...

Target, Rivian, Lucid, TJX, Visa and more

A shopping cart is seen in a Target store in the Brooklyn borough of New York, U.S., November 14, 2017. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Target...

Lucid Motors CEO targeting factory expansion in China, Middle East

Lucid Motors CEO Peter Rawlinson told CNBC’s Jim Cramer on Tuesday that the start-up has plans to build factories outside the U.S. The California-based electric vehicle maker’s flagship facility is in Casa Grande, Arizona,...

Lucid CEO says the company could eventually be valued like Tesla

People test drive Dream Edition P and Dream Edition R electric vehicles at the Lucid Motors plant in Casa Grande, Arizona, September 28, 2021. Caitlin O’Hara | Reuters Lucid Group CEO Peter Rawlinson believes...

Lucid says on track to make 20,000 EVs next year; strengthens balance sheet

As of Monday’s close, the company has a market capitalization of about $73 billion, despite generating only meager revenue. In 2018, Saudi Arabia’s Public Investment Fund put more than $1 billion into the startup,...

Shares of EV start-up Lucid jump on new reservations, 2022 production

Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid Shares of Lucid Group jumped by more...