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News
02 Dec, 2023
14:34
FinancialContent
Electric vehicle stocks had a mixed outing in the week that ended on Dec. 1, as stock-specific actions drove sentiment in some cases ...
01 Dec, 2023
Lucid's Gravity may be better than the Cybertruck -- if Lucid has the money it needs to build it.
In early trading on Friday, shares of Lucid Group topped the list of the day's best performing components of the Nasdaq 100 index, trading up 3.1%. Year to date, Lucid Group has lost about 36.3% of its value.
30 Nov, 2023
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
The United Auto Workers (UAW) union is targeting Tesla and other EV producers. Here's why this isn't bad news for EV stocks.
The post EV Stocks Alert: The UAW Wants to Unionize Tesla, Lucid and Rivian appeared first on InvestorPlace.
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Wall Street analysts applaud these three stocks to buy, with share prices poised to rise by triple-digit rates.
The post A New Bull Market Is Coming! 3 Stocks Set to Soar Up to 395% Higher appeared first on InvestorPlace.
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The Electric Vehicle industry is nothing like it was in 2022. This year has been difficult and many EV makers are glad that it is coming to an end. With high-interest rates, rising inflation, and low consumer spending, the demand for EVs has dropped. Several EV makers had to trim their production targets and restrict....
The post 3 Beaten Down EV Stocks to Sell in December appeared first on InvestorPlace.
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It's easy to be bullish, but investors need to set realistic expectations.
11:42
FinancialContent
Fisker shares fell after it missed estimates in its third-quarter earnings report.
08:16
Lucid Considered Tesla-Like Yoke Steering For Gravity SUV But Eventually Dropped It For A 'Squircle'
FinancialContent
Luxury EV maker Lucid Group Inc (NASDAQ:LCID) reportedly considered having a yoke steering wheel in its newly unveiled Gravity SUV along ...
29 Nov, 2023
22:37
FinancialContent
The United Auto Workers union has initiated a campaign to unionize workers at 13 non-union automakers across the United States.
This ...
A buyback plan could acquire 25% of GM's outstanding stock.
28 Nov, 2023
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
A new study shows that used electric vehicle demand is slipping as 2024 approaches. Here's why this isn't bad news for all EV stocks.
The post EV Stocks Alert: Electric Vehicle Prices Have Plunged 33% This Year appeared first on InvestorPlace.
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20:24
FinancialContent
Auto analysts from BofA Global Research see more upside in General Motors Co‘s (NYSE:GM) stock than other major auto OEM players. ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Tesla is officially launching its Cybertruck later this week. Wall Street things the new EV won't move the needle for TSLA stock.
The post Don’t Back Up the Cybertruck for TSLA Stock appeared first on InvestorPlace.
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Lucid Group is counting on the launch of its SUV model to save its business.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
A lack of significant product traction and a dismal market outlook should compel investors to sell their LCID stock as soon as possible.
The post LCID Sell Alert: 3 Reasons to Dump Lucid Now and Forget All About It appeared first on InvestorPlace.
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EV companies are growing production quickly, but some recent news shows why caution may be appropriate for investors.
27 Nov, 2023
Rivian and Lucid are trying to capture the rapidly growing electric vehicle market.
Needham analysts downgrade EV maker Lucid (LCID) over weak demand for the brand's electric vehicles. Roku, Inc. (ROKU) shares close over 8% higher on Monday after Cannonball Research upgraded the stock to "Buy" on its 2024 outlook. Yahoo Finance takes a look at these stocks after Monday's closing bell. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Analysts have provided the following ratings for Lucid Gr (NASDAQ:LCID) within the last quarter:
Bullish
Somewhat ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
It has been a rough year for LCID stock, although Needham has warned that a lack of demand could hurt Lucid even more.
The post LCID Stock Alert: Needham Is Losing Faith in Lucid Motors appeared first on InvestorPlace.
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When investors land on a "jackpot" stock, gains can offset even the steepest losses. Here are the top stocks to buy if you're feeling lucky.
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The luxury EV maker still has a lot to prove.
Needham analyst Chris Pierce is "quite enthusiastic" about Lucid's recently teased Gravity SUV, but he isn't sure that will translate to stock gains.
Shares of Lucid Group, Inc. (NASDAQ:LCID) fell in premarket trading on Monday following a negative analyst action on the ...
12:51
FinancialContent
Following third-quarter earnings from electric vehicle manufacturers, an analyst at Needham reiterated his bullish stance on Rivian ...
11:36
Yahoo! Finance
Key Insights Significant control over Lucid Group by sovereign wealth funds implies that the general public has more...
07:41
FinancialContent
Tesla, Inc. (NASDAQ:TSLA) stock’s weakness could be in part attributed to Elon Musk’s purchase of social-media platform ...
26 Nov, 2023
10:02
FinancialContent
Instead of trying to find the next Tesla, invest in these two proven winners.
25 Nov, 2023
18:06
FinancialContent
Tesla trades at a steep premium compared to other carmakers. Here's why.
14:34
FinancialContent
Most electric vehicle stocks settled the week lower, although leader Tesla, Inc. (NASDAQ:TSLA) and the Chinese EV trio managed to end in ...
This electric automaker has big opportunities -- but even bigger challenges.
22 Nov, 2023
Lucid management is prudently decreasing production amid slowing EV growth.
Investors in Lucid Group Inc (LCID) saw new options become available today, for the January 2024 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the LCID options chain for the new January 2024 contracts and identified one put and one call contract of particular interest.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Lucid Group has a new SUV and a notable charging feature for its vehicles. Still, LCID stock traders can't ignore Lucid's glaring red flags.
The post Saying No Is the Only Way to Go With LCID Stock appeared first on InvestorPlace.
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21 Nov, 2023
14:54
FinancialContent
On CNBC’s "Mad Money Lightning Round," Jim Cramer said no to Lucid Group, Inc. (NASDAQ: LCID)."We like ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
These are the best EV stocks to buy as they represent fundamentally strong companies with focus on innovation driven growth.
The post 3 EV Stocks That Will Be the Best Performers in 2024 appeared first on InvestorPlace.
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20 Nov, 2023
Lucid's cars may be better than Tesla's -- but its stock isn't.
It’s been the worst of times and the best of times for the Nasdaq 100, which marked the two-year anniversary of its record high from 11/19/21 over the weekend.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Forget the "Magnificent 7." These are the top five growth stocks to buy in the coming year for interested investors.
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18 Nov, 2023
14:39
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Most electric vehicle stocks advanced in the week that ended on Nov. 18 amid the broader market recovery set in motion by a couple of ...
17 Nov, 2023
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You can love them or hate them, but you can’t ignore meme stocks. This seems appropriate when talking about meme stocks after the euphoria of 2021. The lovers of strong fundamentals-based investing hate to see speculative meme stocks skyrocketing. There are others who are entirely focused on these speculative bats to make money. I would....
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Investors in Lucid Group Inc (LCID) saw new options begin trading today, for the August 2026 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 1008 days until expiration the newly trading contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration..
The tide turned for Tesla and most other EV stocks this week.
11:10
FinancialContent
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
A new press release of future cooperation is no reason to rush into buying LCID stock as promised sales today get smaller.
The post Lucid Investors, Don’t Be Fooled! This News Is NOT a Reason to Buy LCID Stock. appeared first on InvestorPlace.
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Growing sales are nice, but burning cash and a disclosure of material weakness in financial controls is troubling news.
16 Nov, 2023
19:59
FinancialContent
The popularity of hybrids underscores the mismatch between a profitable EV and an affordable one..
19:25
FinancialContent
Lucid Group, Inc. (NASDAQ: LCID) shares are trending Thursday after the company introduced its new electric SUV, Lucid Gravity.
The ...
Lucid Group, Inc. (NASDAQ: LCID), widely acclaimed for raising the bar in luxury electric vehicles with the award-winning Lucid Air, the recipient of the 2023 World Luxury Car Award, is redefining excellence once again with the reveal of the groundbreaking new Lucid Gravity luxury electric SUV. Lucid's highly anticipated Gravity SUV builds upon the innovations first seen in the Lucid Air sedan to create a luxury electric SUV without compromise: a high-performance vehicle with space for up to sev
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Are institutional investors interested in LCID stock? Let's dive into the company's top shareholders, which includes Vanguard and BlackRock.
The post 5 Investors Betting Big on Lucid (LCID) Stock appeared first on InvestorPlace.
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11:05
FinancialContent
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The Lucid Air is designed around American and Saudi driving distances. It needs to scale down to make it in the cities of tomorrow.
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15 Nov, 2023
Today's Producer Price Index fall helped beaten-down EV stocks for a second day in a row.
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Lucid Motors has a new RangeXchange vehicle-to-vehicle (V2V) adapter to help charge other EVs. Here's why this is good news for LCID stock.
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10 Nov, 2023
09 Nov, 2023
14:00
Yahoo! Finance
Lucid Group, Inc. (NASDAQ: LCID), setting new standards for luxury electric experience with the Lucid Air, winner of the 2023 World Luxury Car Award, today announced the introduction of RangeXchange: an innovative new vehicle-to-vehicle (V2V) adapter, available for purchase first for U.S. customers, that will enable Lucid Air owners to directly charge other electric vehicles. This new capability is enabled by Lucid's bi-directional charging technology and proprietary software, all of which is al
08 Nov, 2023
The electric vehicle craze is cooling off as demand for EVs slows. Major EV makers like Tesla (TSLA), General Motors (GM), and Lucid (LCID) have all felt the effects of this demand drop. RBC Global Autos Lead Equity Analyst Tom Narayan attributes the EV demand decline to affordability and consumer education issues, believing "it's probably not going to go away anytime soon." Narayan states that for demand to rebound, pricing needs to fall to a point that's affordable for both automakers and consumers in today's high-interest rate environment. He also notes consumers need more education on how EVs actually operate, as many lack understanding of the product and improved consumer literacy on EVs could help stimulate sales. "It's a lot of education," Narayan tells Yahoo Finance, adding: "Your neighbor needs to get an EV and then you see it and figure out that you want one as well." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Short sellers are now targeting electric vehicle makers — Tesla (TSLA), Rivian (RIVN), Lucid (LCID) — and small-cap renewable energy stocks in new campaigns. Yahoo Finance's Ines Ferre joins the Live show to detail the highest-ranked stocks in the energy and automotive sectors on short sellers' lists. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
20:05
Yahoo! Finance
Lucid stock slid over 8% after the luxury electric vehicle maker reported Q3 results on Tuesday that missed the mark and cut its production forecast as demand slows for its pricey vehicles.
A new report shows investors bet against several renewable and EV stocks in October.
Electric-vehicle startups hit a red light on the stock market Wednesday after Rivian and Lucid reported mixed third-quarter results on Tuesday afternoon and Fisker delayed its earnings. In late morning trading, Lucid and Fisker were both down 7%.
Lucid (LCID) stock takes a hit on Wednesday, dropping 8% after cutting its annual EV production forecasts and receiving an analyst downgrade. Fellow EV maker Rivian (RIVN) reported earnings this week, posting a narrower-than-expected loss while boosting its production forecast. Yahoo Finance’s Pras Subramanian reports on the stock action of these two EV stocks. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
In its earnings release, the company also ended an agreement to sell electric vans exclusively to Amazon.
07 Nov, 2023
Lucid Group, Inc. (NASDAQ: LCID), setting new standards for luxury electric experience with the Lucid Air, winner of the 2023 World Luxury Car Award, is pleased to announce the appointment of Marc Winterhoff as Chief Operating Officer, effective December 4, 2023. Mr. Winterhoff will report directly to CEO and CTO Peter Rawlinson and will be focused on driving Lucid's operational efficiency, accelerating Lucid's international expansion, enhancing its go-to-market strategy, and maturing its world-
Lucid Group, Inc. (NASDAQ: LCID), setting new standards for luxury electric experience with the Lucid Air, winner of the 2023 World Luxury Car Award, today announced financial results for its third quarter ended September 30, 2023. The earnings presentation is available on its investor relations website (https://ir.lucidmotors.com).
Buyers looking to get a bargain on a new car might want to consider an electric vehicle. As sales growth has slowed for battery-powered models, automakers and dealers are slashing prices and piling on discounts to clear out unsold inventory.
06 Nov, 2023
Citigroup (C) reportedly considering laying off up to 10% of its workforce, according to a CNBC report. Tesla (TSLA) plans to start building affordable EVs priced at $27,000 out of its Berlin Gigafactory, while fellow EV maker Lucid (LCID) is struggling to sell its luxury electric vehicles. Lastly, Wall Street analysts remain majority bullish on Birkenstock (BIRK) while initiating coverage almost a full month after the German footwear brand's IPO. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
21:05
Yahoo! Finance
Lucid Group, Inc. (NASDAQ: LCID), today announced that all Lucid vehicles built with the current Combined Charging System (CCS) will be able to charge at stations in the Tesla Supercharger network by using an adapter in 2025. In addition, Lucid will integrate the North American Charging Standard (NACS) into future vehicles in 2025.
02 Nov, 2023
Beyond Meat (BYND) stock takes off, closing 18% higher on Thursday after announcing job cuts impacting 19% of its non-production workforce. EV maker Lucid (LCID) shares jump while introducing its U.S. referral program for car buyers, including slight discounts on its electric vehicle models. Yahoo Finance's Akiko Fujita and Josh Schafer take a closer look at several trending stocks after Thursday's opening bell. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
23 Oct, 2023
Lucid Group, Inc. (NASDAQ: LCID), setting new standards for luxury electric experience with the Lucid Air, winner of the 2023 World Luxury Car Award, today launched the Lucid Referral Program in the United States. The two-sided rewards program extends exclusive benefits to current Lucid Air owners, who can share their unique referral link with friends and family to give them new vehicle purchase discounts.
19 Oct, 2023
20:39
Yahoo! Finance
Tesla shares tumbled Thursday after Chief Executive [Elon Musk tempered expectations](https://www.wsj.com/business/earnings/tesla-tsla-q3-earnings-report-2023-ed3cee6f) for the company’s new Cybertruck. “It's a great product, but financially, it will take, I don't know, a year to 18 months before it is a significant positive cash flow contributor,” Musk told investors late Wednesday.
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