Good morning! It’s Friday, October 18, 2024, and this is The Morning Shift, your daily roundup of the top automotive ...
Lucid Group announced that it priced its underwritten public offering of 262,446,931 shares of its common stock. The public ...
Electric vehicle manufacturer Lucid Motors has said it plans to raise about USD 1.67 billion through a combination of a ...
Cash-strapped electric luxury sedan maker Lucid (LCID.O) said on Thursday a combined public offering and private placement of ...
The company expects to report a loss from operations in the range of $765mn to $790mn for the quarter ended September 30 ...
Lucid, an extremely unprofitable Bay Area carmaker, is grabbing a $1.6 billion lifeline from investors, including the ...
Lucid Motors announced another capital raise via a share sale late Wednesday night as the California-based EV maker seeks ...
Shares of Lucid Group dropped 20% in premarket trading following an announcement of a public offering of over 260 million shares. The electric vehicle startup’s move comes alongside a deal with its ...
Highlights,Lucid Group announces a significant share offering, impacting its stock price.,Ayar Third Investment Company to ...
Lucid's stock is overvalued with a 2024 sales ratio of 9.2x, and profitability remains years away, making it a high-risk ...
Lucid Group shares are trading lower in Wednesday's after-hours session after the company announced an offering and corresponding investment by Ayar Third Investment Company, a major player in the ...
(Reuters) -Electric vehicle maker Lucid Group said it anticipates to report a bigger-than-expected loss for the third quarter ...