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Us stocks change | Lucid is up about 2% before trading. Its first luxury electric SUV Gravity will be available for pre-order in early 2023.
On November 17, Gelong Exchange rose about 2% to US $11.59 before trading. Lucid recently announced that its first luxury electric SUV Gravity will be available for pre-order in early 2023 and delivery will begin in 2024.
Us stocks change | Lucid (LCID.US) is down more than 3% at least 6 manufacturing executives have left.
On September 7th, Lucid (LCID.US) fell more than 3% to US $14.115. At least six manufacturing executives have left the company in recent weeks, including Peter Hochholdinger, vice president of global manufacturing, according to current and former employees. Ralph Jakobs, vice president of the project, Mike Boike, head of Arizona operations, etc. Lucid is currently overhauling its manufacturing process to keep its Casa Grande plant in Arizona running at full capacity. And these six outgoing executives are all responsible for strengthening Luc.
Changes in US stocks | Lucid (LCID.US) fell 7.54% to apply for a maximum of US $8 billion
On August 30th, Lucid (LCID.US) fell 7.54% to US $14.95. The company has filed a filing with the Securities and Exchange Commission to raise up to $8 billion. It is reported that supply chain problems have affected production, and Lucid hopes to further enrich its operating funds. In order to raise funds, Lucid will issue a variety of securities, the specific size, price and terms will be determined at the time of issuance.
Us stock market changes, Lucid rose more than 2% before trading and launched a top electric sports car again.
On August 23, Gelong Exchange rose more than 2% before trading to US $16.43. Lucid recently launched a top-of-the-line electric sports car, Lucid Air Sapphire Edition, which is equipped with a three-motor powertrain with two rear motors and one front motor. Lucid claims that Lucid Air Sapphire Edition has more than 1200 horsepower, which is 200 more than Tesla, Inc. 's Model S Plaid.
Lucid delivered only 679 cars in the second quarter Musk: my Q2 built more babies than they built!
On August 5th, Lucid (LCID.US)'s second-quarter results were much lower than expected, delivering only 679 cars and revenue of only US $97 million, well below market expectations of US $147 million. Future fund executive Gary Black commented: "as Musk said, manufacturing is very difficult." Musk replied: "I built more cars in the second quarter than they did!"
Changes in US stocks | Lucid fell 8% revenue in the second quarter fell short of market expectations
On August 4, Lucid (LCDX.US) fell 8.8% to US $18.75, with a total market capitalization of US $31.3 billion. Lucid's third-and second-quarter results showed revenue of $97.34 million, well below analysts' consensus expectations of 147.5 million; deliveries were 679 vehicles. Excluding items such as interest and taxes, Lucid's adjusted EBITDA loss was $414.1 million in the second quarter, while analysts on average expected a loss of $410.7 million. However, Lucid adjusted its production forecast for 2022 to 6000 to 7000.
Us New Energy Automobile stocks fell in Faraday Future, Lucid fell more than 3%
Gelong Exchange on July 25, US new energy automobile stocks fell, Faraday Future, Lucid and Tucson fell by more than 3%, XPeng Inc. and Rivian fell by more than 2%, NIO Inc., Nikola, Li Auto Inc. and Tesla, Inc. followed suit.
Musk: Rivian and Lucid are heading for bankruptcy
Both Lucid (LCID.US) and Rivian (RIVN.US), electric car startups, are on the verge of bankruptcy unless major changes are made immediately, Mr Musk said on June 15. Mr Musk said that both Rivian and Lucid faced bankruptcy and that unless they could slash operating expenses, they would be in trouble and would eventually be buried in a "car graveyard" like all car companies except Tesla, Inc. and Ford. Musk suggested that Rivian cut costs immediately and criticized Rivian for raising car prices this year, saying it would double the number of potential customers.
New energy vehicle stocks soared collectively.
On May 26th, New Energy vehicle stocks soared, with Rivian and Lucid up 8%, NIO Inc., Sono and Lordstown up 7%, Tesla, Inc., XPeng Inc. and Li Auto Inc. up 5%.
Changes in US stocks | Lucid rises 9 per cent Saudi factories receive $3.4 billion in incentives and financing support
On May 19th, Lucid (LCDX.US) rose 9.48% to US $19, with a total market capitalization of US $31.7 billion. On the news, Lucid recently held a successful signing event, and the signing of these agreements marks its future large-scale production of electric vehicles in Saudi Arabia. The agreement is expected to provide Lucid with a total of $3.4 billion in financing and incentives over the next 15 years to help the electric carmaker build and operate a manufacturing plant in Saudi Arabia. At present, the company is promoting the construction of an AMP-2 production plant in Saudi Arabia with a target production capacity.
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