The Saudi Public Investment Fund (PIF), owns 60% of Lucid, and might push for more funding, but geopolitical tensions or oil price swings could tighten its purse strings. Ramping up Gravity ...

Lucid reported the 2024 financial results, confirming widening losses amounting to $2.7 billion for the year. This brings Lucid's accumulated deficit to $12.9 billion, with no hope of stopping ...

Lucid reports fourth-quarter revenue of $234.5 million, beating the consensus estimate of $214.22 million. Lucid reports a fourth-quarter loss of 22 cents per share, beating analyst estimates ...

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 ...

Lucid Motors is changing CEOs for the first time in nearly six years. The company announced Tuesday that Peter Rawlinson is stepping down from the CEO and CTO roles that he’s held since before ...

Peter Rawlinson helped found the company and served as its first CTO. But he’s not leaving Lucid quite yet. Peter Rawlinson helped found the company and served as its first CTO. But he’s not ...

Lucid (LCID) CEO Peter Rawlinson is passing the baton just as the EV maker enters a critical growth phase. After over a decade at the helm, Rawlinson said it’s the right time to step aside.

Lucid founder CEO Peter Rawlinson suddenly quit in February. Lucid expects to double production in 2025. However, not many are convinced about the EV maker's capabilities. After announcing a new ...

Lucid stock is jumping amid a sea of red ink today. One Wall Street analyst came away impressed after a meeting with management and thinks the stock will more than double. Shares of the luxury ...

The new CEO will help Lucid execute its strategy and prepare for the next chapter. "Now that we have successfully launched the Lucid Gravity, I have decided it is finally the right time for me to ...

The EV frame is complimented by lighter and more compact motors and batteries (something Lucid Motors is constantly celebrated for). These design elements combine to deliver what Longbow calls ...

Lucid Group (NASDAQ:LCID) traded lower on Wednesday after the company issued its Q4 earnings report and announced a CEO transition. In addition to leading the company, Peter Rawlinson was largely ...