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The Gravity SUV is gaining momentum, but Lucid now has to juggle higher materials prices due to tariffs.
With 2025 already more than halfway through, the year isn’t going as well as the leaders at Lucid Group had projected. In the company’s second quarter earnings conference, the results were mixed due ...
Lucid operates in the premium electric vehicle (EV) space, developing and selling luxury sedans (the Lucid Air) and, more recently, sport utility vehicles (the Lucid Gravity). The company’s ...
Lucid Group, Inc. (NASDAQ:LCID) shares are trading lower Wednesday after the company reported worse-than-expected financial results.
With mounting challenges and a tough road ahead, things are poised to get worse for Lucid as it grapples with profitability and market pressures. The Weight of the Gravity SUV Lucid’s hopes are ...
Lucid CEO Marc Winterhoff has his work cut out for him. He needs to ramp up the company's critical-to-success SUV, the Gravity, while also assuaging investor fears about profits — or lack thereof.
Lucid Group is walking back its production goals for the year amid fallout from tariffs, supply chain challenges and tax credit rollbacks.
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