| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | 157.2MM | +14% |
| Gross Profit | -252.9MM | - |
| Cost Of Revenue | 410MM | -13% |
| Operating Income | -736.9MM | -2% |
| Operating Expenses | 484MM | - |
| Net Income | -653.8MM | +4% |
| R&D | 243MM | +5% |
| G&A | 241MM | +27% |
| Interest Expense | 7.8MM | - |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
It’s a tough market for automakers selling EVs, but on the flip side, it’s never a better time for those making hybrids.
Lucid Group, Inc. (NASDAQ: LCID), setting new standards for luxury electric experience with the Lucid Air, America's most awarded new luxury vehicle,i announced details about the 2024 Lucid Air Grand Touring, with an array of enhancements to help people drive farther and charge faster in a broader range of environments and conditions.
Lucid Group, Inc. ( NASDAQ:LCID ) shareholders will have a reason to smile today, with the analysts making substantial...
Ford (F) rolls out a new rebate incentive offering a $1,500 discount on its EVs to car buyers who already lease or own a Tesla (TSLA) vehicle. Yahoo Finance Senior Autos Reporter Pras Subramanian joins Market Domination to discuss Ford's EV strategy as the automaker hopes to draw customers away from its biggest competitors. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
Shares of Lucid (LCID) are moving higher in after-hours trading after the company reported better-than-expected first-quarter EV deliveries. The deliveries mark a 40% year-over-year gain compared to last year's figures. Yahoo Finance Reporter Pras Subramanian joins Market Domination Overtime to break down the latest developments for the auto company and what it means for the EV maker moving forward. For more expert insight and the latest market action, click here to watch this full episode of M...
Lucid stock is gaining after its first-quarter delivery numbers beat Wall Street’s expectations. Wall Street was looking for just over 1,800 vehicles delivered, according to Bloomberg. Lucid had roughly 5,500 vehicles in its inventory at the start of the year.
Lucid Group, Inc. (NASDAQ: LCID), setting new standards for luxury electric experience with the Lucid Air, America's most awarded new luxury vehicle1, today announced production and delivery totals for the quarter ended March 31, 2024. Lucid produced 1,728 vehicles and delivered 1,967 vehicles during this period.*
Shares of Lucid Group jumped Monday after the EV maker said it secured a $1 billion investment from an affiliate of the Public Investment Fund, Saudi Arabia's sovereign wealth fund. The company said Ayar Third Investment will purchase 100,000 of its series A convertible preferred shares in a private placement. The convertible preferred stock would represent about 12% of Lucid's issued and outstanding common stock.
EV makers Tesla (TSLA), Rivian (RIVN), and NIO (NIO) have all received a downgrade from Mizuho Securities to Neutral citing near-term demand and challenges with liquidity going into next year. Shares of Lucid (LCID) are jumping Monday morning after the EV maker announced a $1 billion investment from its majority stockholder, Ayar Third Investment Company, to buy newly created convertible preferred stocks. Novo Nordisk (NVO) is set to acquire Cardior Pharmaceuticals, a company that develops RNA-...
Lucid Group, Inc. (Nasdaq: LCID; "Lucid") announced today that it has entered into an agreement with its majority stockholder, Ayar Third Investment Company ("Ayar"), an affiliate of the Public Investment Fund ("PIF"), to purchase $1.0 billion of newly created series of convertible preferred stock via private placement, subject to customary closing conditions.