Lucid Motors ( LCID -0.33%) stock looks expensive according to several traditional valuation metrics. Its price-to-sales ratio, for example, is 9.6. That's significantly higher than other electric car stocks like Rivian, which has a price-to-sales ratio of just 3.0.
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 (NASDAQ: LCID) is set to become the next Tesla.
Lucid Motors’ moment of truth is finally upon it ... well above anything the current crop of competition—Tesla included—has to offer. “We have achieved this with an impressively small battery pack compared to competitors. This is critical to ...
US EV maker Lucid Motors has published its production and delivery figures for 2024. With 9,029 vehicles produced and 10,241 units delivered, the company
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At the same time that Lucid reached a settlement with several terminated workers, the luxury EV maker says it has ramped up production of its first SUV model at its Arizona factory.
Tesla recently updated the NACS page on its website to show BMW, Genesis, Lucid, and JLR (incorporating Jaguar and Land Rover) on the "coming soon" list of automakers supporting the Tesla's Superchargers. Specific timing isn't listed, however.
In 2024 as a whole, Lucid sales rose 71 percent to 10,241, and full-year production increased 7.1 percent to 9,029, the company said.
Porsche Taycan Turbo S vs. Lucid Air GT: is the $50K price premium justified, or do rivals like Tesla and Lucid deliver better value and performance for luxury EV enthusiasts?
Lucid Motors exceeded market expectations for its quarterly vehicle deliveries driven by strategic price reductions and lower financing rates aimed at boosting demand
Kia/Hyundai/Genesis, Jaguar/Land Rover, BMW and Lucid have all been added to Tesla's NACS support "coming soon" page for Supercharger access.
Lucid Motors’ moment of truth is finally upon it ... well above anything the current crop of competition—Tesla included—has to offer. “We have achieved this with an impressively small ...