We recently published a list of 10 Stocks That Led Tuesday’s Charge. In this article, we are going to take a look at where ...

Shares of EV maker Lucid (LCID) jumped nearly 10% at the time of writing after Morgan Stanley upgraded its rating from Sell to Hold. The ...

Despite keeping his previous price target, Morgan Stanley's Adam Jonas just turned decidedly more bullish on Lucid stock.

Lucid Motors scaled up deliveries in 2024 but remains unprofitable and is expected to face substantial cash burn. Read why I remain bearish on LCID stock.

Why It Matters: Lucid has been facing a challenging business environment, marked by sluggish EV sales and widening losses.

To be sure, Lucid has not signaled major changes in corporate strategy. The EV maker named Chief Operating Officer Marc Winterhoff as its interim CEO, and said that Rawlinson will serve as a technical ...

Lucid will also continue to pay for Peter Rawlinson’s health insurance premiums. In 2022, stock options vested by the former CEO were valued at over $370 million. Lucid plans to more than double ...

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.

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.

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 ...