Everyone wants to discover the next Tesla. Now one of the most valuable companies in the world, long-term Tesla investors have been extremely happy with their portfolios. For good reason, many investors believe that Lucid (LCID 0.96%) is set to become the next Tesla. The company's sales grew heavily in 2024, and analysts expect sales to grow by another 118% in 2025, pushing revenue well past the $1 billion mark. Think it's too late to jump in? Think again. There's still time to buy this electric car stock f ...

Lucid Group TodayLCIDLucid Group$3.03 +0.05 (+1.68%) 52-Week Range$1.93▼$4.43Price Target$3.04Add to WatchlistLucid Group, Inc. NASDAQ: LCID has recently captured investor attention with the announcement of record-breaking sales and delivery figures for the fourth quarter of fiscal year 2024 (Q4 FY2024). This news, coupled with the much-anticipated launch of the company's new Gravity SUV, paints a picture of a company on the move. Simultaneously, the electric vehicle maker's shares experienced a notable di ...

When reading electric-vehicle (EV) industry headlines, you sometimes might think EV sales are cratering. The gloom that surrounds the industry is real. Now that the incoming administration is threatening to pull back support for the EV industry, some of that is warranted.But the truth is, EV sales are still growing, but maybe not at the pace investors had hoped to see. Further, don't tell Lucid Group (LCID -6.29%) or Nio (NIO -4.21%) that EV sales are lackluster, because both just set some impressive record ...

It's not hard to see how Lucid (LCID -6.29%) has massive long-term potential. The company delivered 3,099 vehicles last quarter, surpassing analysts' expectations by nearly 500 vehicles -- a 71% increase in deliveries over the year before. The quarter put Lucid over 10,000 vehicle deliveries on the year.Tesla, for comparison, delivered nearly a half-million vehicles last quarter alone. Lucid's growth trajectory is headed strongly in the right direction, and bullish investors believe it could one day become ...

Shares of the electric vehicle (EV) maker Lucid Group (LCID -3.15%) soared last month as investor optimism toward the stock increased after the company said it had begun production of its new Gravity SUV. Investors also pushed shares higher after Lucid's CEO said he's open to discussing a potential partnership with a traditional automaker.As a result, Lucid's stock jumped 38.5% in December, according to data provided by S&P Global Market Intelligence. Weighing the impact of Gravity and a potential partnersh ...

Luxury electric vehicle (EV) manufacturer Lucid Motors (NASDAQ: LCID) has had a bumpy ride since its initial public offering (IPO) in 2021. Despite securing significant investments from Saudi Arabia’s Public Investment Fund (PIF), the carmaker has been beset by a variety of challenges.Most importantly, Lucid has continuously struggled to meet production and delivery quotas. In tandem with this, stock dilution has been at play — with the company issuing more and more shares to raise capital.At press time, a ...

LAS VEGAS and NEWARK, Calif., Jan. 6, 2025 /PRNewswire/ -- Panasonic Energy Co., Ltd., a global leader in the battery industry, and Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced the highly anticipated Lucid Gravity Grand Touring will be powered by Panasonic Energy's lithium-ion EV battery cells. With an EPA-estimated range of up to 450 miles1 from a battery pack that is up to 40 percent smaller than competitors', the collaborative efforts between Pan ...

Shares of Lucid Group (LCID 4.10%) shot higher by more than 10% this morning after the company released its fourth-quarter electric vehicle (EV) delivery results. While it didn't hold all of its gains, the stock was still higher by 4% as of 11:35 a.m. ET.The move has increased the sharp rise in Lucid shares over the past month to more than 60%.Lucid notches EV delivery recordLucid produced a record 3,386 vehicles and delivered 3,099 vehicles in the fourth quarter. For the full year, the company produced jus ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Luxury electric vehicle startup Lucid produced and delivered a record number of electric vehicles in the fourth quarter and full year of 2024. Lucid produced 3,386 vehicles and delivered 3,099 in Q4. On a full-year basis, the company produced 9,029 vehicles and delivered 10,241 vehicles in 2024, meeting its previously announced target to produce roughly 9,000 vehicles last year.  Those numbers are up about 7% from 2023, when Lucid produced 8,428 units.Along with Lucid’s production and delivery numbers, the ...