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Lucid Group Inc - LCID STOCK NEWS

Welcome to our dedicated news page for Lucid Group (Ticker: LCID), a resource for investors and traders seeking the latest updates and insights on Lucid Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Lucid Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Lucid Group's position in the market.

News
The 2024 Lucid Air Grand Touring: The Longest-Range EV Gets Even Better
Rhea-AI Summary
Lucid Group, Inc. (LCID) unveils the 2024 Lucid Air Grand Touring, enhancing the longest-range EV with cutting-edge features. The company continues to redefine luxury electric vehicles, setting new standards in the industry.
Rhea-AI Impact
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End-of-Day
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Lucid Announces Q1 Production & Deliveries, Sets Date for First Quarter 2024 Results
Rhea-AI Summary
Lucid Group, Inc. announces production and delivery totals for the quarter ended March 31, 2024, with 1,728 vehicles produced and 1,967 vehicles delivered. The company will discuss its financial results in an earnings call on May 6, 2024, and has partnered with Say Technologies to engage with shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.27%
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earnings
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Lucid Group, Inc. Announces Investment of $1.0 Billion by an Affiliate of PIF
Rhea-AI Summary
Lucid Group, Inc. (LCID) announces a $1.0 billion private placement agreement with Ayar Third Investment Company, an affiliate of the Public Investment Fund, to purchase convertible preferred stock. The funds will be used for general corporate purposes and to accelerate growth in EV technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.42%
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Lucid Announces Fourth Quarter and Full Year 2023 Financial Results
Rhea-AI Summary
Lucid Group, Inc. (LCID) reported strong financial results for Q4 and full year 2023, with revenue of $157.2 million and $595.3 million, respectively. The company delivered 1,734 vehicles in Q4 and 6,001 vehicles in 2023, showing a 37% increase compared to 2022. Lucid also met the higher end of its 2023 production guidance, producing 8,428 vehicles. The company ended the year with approximately $4.78 billion in total liquidity and announced a 2024 production guidance of around 9,000 vehicles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.76%
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earnings
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The Lucid Air Now Starts at $69,900 and Comes with New Benefits that Make It Easier than Ever to Own America's Most Awarded New Luxury Electric Vehicle
Rhea-AI Summary
Lucid Group, Inc. (LCID) announces new pricing and ownership benefits for Lucid Air electric vehicles, aiming to lower barriers for prospective EV drivers. Lucid Air Pure now starts at $69,900, with two years of scheduled maintenance included. The company also offers a new charging allowance of $1,000 towards Lucid charging accessories. Lucid's commitment to reducing price and enhancing ownership experience reflects in its recognition as America's most awarded new luxury vehicle and Car and Driver's 10Best list for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.22%
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Lucid Appoints Matt Everitt as General Counsel
Rhea-AI Summary
Lucid Group, Inc. (LCID) appoints Matt Everitt as General Counsel to oversee the company's legal affairs globally and provide strategic legal guidance for its ambitious growth plans. With a proven track record in the automotive industry and government, Everitt brings valuable expertise to Lucid's leadership team.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.67%
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management
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Lucid Announces Q4 Production & Deliveries, Sets Date for Fourth Quarter 2023 Results
Rhea-AI Summary
Lucid Group, Inc. (NASDAQ: LCID) announced production and delivery totals for the quarter ended December 31, 2023. The company produced 2,391 vehicles and delivered 1,734 vehicles during Q4. In 2023, Lucid produced 8,428 vehicles and delivered 6,001 vehicles. Lucid will host a conference call to discuss its fourth quarter 2023 financial results on February 21, 2024. The company is partnering with Say Technologies to allow shareholders to submit and upvote questions for the earnings call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.4%
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earnings
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Lucid Announces Departure of Chief Financial Officer Sherry House
Rhea-AI Summary
Lucid Group, Inc. (NASDAQ: LCID) announced the resignation of Sherry House, the CFO, effective immediately. Gagan Dhingra will serve as interim CFO while the search for a replacement is underway. Ms. House will assist in the transition until December 31, 2023. Lucid's CEO expressed gratitude for Ms. House's contributions and confidence in the company's future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.46%
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Lucid Air Model Line Updates Offer Customers More Freedom with the Power of Choice and Greater Flexibility
Rhea-AI Summary
Lucid Group, pioneering a new era of luxury electric experience with the Lucid Air, announced updates to the Air lineup. The lineup now includes four models: Air Pure, Air Touring, Air Grand Touring, and Air Sapphire. The Air Pure was recently added to Car and Driver's 10Best List and has an EPA-estimated range of 419 miles+, starting from $77,400++. The Lucid Air Touring, starting at $85,900++, adds all-wheel drive and over 400 miles of range. The Air Grand Touring is projected to remain the longest-range electric car on the market. The Air Sapphire is the world's first electric super-sports sedan, with 427 miles of EPA-estimated range and a 0-60 mph time of under two seconds.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.9%
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Lucid Air Pure Named to Car and Driver's 10Best List in its First Year of Eligibility
Rhea-AI Summary
Lucid Group, pioneering luxury electric vehicles, announces Car and Driver 10Best List recognition for the Lucid Air Pure RWD at a starting price of $77,400. Lucid's ultra-efficient EV technology delivers greater range and performance without the cost and weight of ever-larger battery packs. The Lucid Air Pure RWD offers an EPA-estimated range of 419 miles and comes with wireless Apple CarPlay®, a 34-inch curved Glass Cockpit display, and heated front seats and steering wheel.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.9%
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Stock LCID logo
Lucid Group Inc

Nasdaq:LCID

LCID Rankings

#1112 Ranked by Market Cap
#5172 Ranked by Stock Gains
N/A Ranked by Dividends

LCID Stock Data

5.74B
883.08M
1.85%
74.32%
12.06%
Motor Vehicle Body Manufacturing
Manufacturing
Link
United States
Newark

About LCID

we set out to create a car that elevates the human experience and transcends the perceived limitations of space, performance, and intelligence. a car that is intuitive, liberating, and designed for all the ways people get around. we plan to lead in this new era of mobility by returning to the fundamentals of great design – where every decision we make is in service of the individual. because when you are no longer bound by convention, you are free to define your own path.