Lucid Group (LCID) shares gained ground Tuesday as the luxury electric vehicle (EV) manufacturer delivered more cars than expected in the first quarter as it cut prices, although production slowed.

Lucid delivered more EVs than it produced in the first quarter. That was an important reversal from the prior quarter, where inventory grew.

Lucid reported first-quarter deliveries above market expectations on Tuesday as price cuts helped boost demand for its luxury electric sedans.

Lucid Motors delivered more EVs in the first quarter of 2024 than it has in any other quarter, though it set the record by a very slim margin. The Saudi-backed, California-based electric vehicle co...

Lucid stock (NASDAQ: LCID ) burst into the scene with its sleek, high performance luxury electric vehicles (EVs). The company's initial promise and bold claims after its IPO in 2021 garnered signif...

Lucid raised another $1 billion in funding last month. The automaker expects its Gravity SUV to be a game-changer, and plans to start production of it this year.

Down more than 35% on a year-to-date basis, Lucid Group (NASDAQ: LCID ) stock has been an under-performer, to say the least. Now, the overall EV sector has been hit hard by a number of headwinds.

Lucid's net loss widened significantly in 2023. The young EV maker needs its Gravity crossover to launch successfully.

Tesla reported a 9% decline in first-quarter deliveries. Rivian beat first-quarter delivery estimates, but still sees weak growth this year.

Lucid Group (LCID) closed the most recent trading day at $2.86, moving +0.35% from the previous trading session.

Hyundai is making a big $51 billion investment, mostly in its EV efforts. Hertz pulled back on its EV gamble for reasons that don't bode well for Rivian and Lucid.

Lucid (LCID) is set to raise a $1 billion investment from an affiliate of Saudi Arabia's PIF to fulfill its capital needs.

Goldman Sachs (NYSE: GS ) Research predicts electric vehicle (EV) sales will eventually increase due to declining battery prices, despite current slowdowns in EV investment. Further, there is a pro...

Lucid received a $1 billion investment from an affiliate of Saudi Arabia's Public Investment Fund. Lucid ended 2023 with roughly $4.8 billion in total liquidity.

The electric vehicle (EV) industry has had a slow start to the year, with many of its major players facing difficulties and some teetering on the brink of bankruptcy. However, there seems to be a g...