By Michael Elkins Lucid Group (NASDAQ:LCID) on Wednesday won the dismissal of a lawsuit accusing the electric car company of defrauding investors in the special-purpose...
By Michael Elkins Shares of Lucid Group (NASDAQ:LCID) are up 6.31% in pre-market trading on Thursday after the company announced production and delivery totals for the quarter...
The Federal Reserve delivered another rate hike this week and signaled further tightening in 2023 as it tries to bring down inflation. Higher rates will lead to further market...
The market jumped on Powell's dovish comments and soft CPI reading in November However, there's been little follow-through on that rally as investors await further clues from the...
Markets are considering whether the Federal Reserve’s less hawkish policy may be in doubt. This main story has been driving the markets over the past 24 hours. The equity...
Lucid Group, Inc. is an automotive company, which is focused on designing, developing, manufacturing and selling of electric vehicle (EV), EV powertrains and battery systems in-house using its own equipment and factory. The Company offers at its own geographically distributed retail and service locations and through direct-to-consumer online and retail sales. It also boasts a product roadmap of future vehicle programs and technologies. The Company's focus on in-house technological innovation, vertical integration, and a clean-sheet approach to engineering and design has led to the development of its groundbreaking electric vehicle, the Lucid Air. The Lucid Air is a fully electric sedan that targets post-luxury consumers. The Lucid Air is manufactured at its greenfield electric vehicle manufacturing facility in Casa Grande, Arizona, Advanced Manufacturing Plant-1. It sells vehicles directly to consumers through its retail sales network and through direct online sales.
|Average||14.50 (+77.70% Upside)|
|No. of Analysts||8|
|Moving Averages||Strong Buy||Strong Buy||Strong Buy||Neutral||Strong Sell|
|Technical Indicators||Strong Buy||Strong Buy||Strong Buy||Strong Buy||Strong Sell|
|Summary||Strong Buy||Strong Buy||Strong Buy||Buy||Strong Sell|