Feb 24 (Reuters) - Electric vehicle maker Lucid beat Wall Street ⁠estimates ⁠for fourth-quarter revenue on Tuesday ⁠and forecast a production rise that could top 50% this year as ​it ramps up its ...
Pure-play EV maker Lucid reported mixed fourth quarter results after the bell today, with its full-year losses widening as it ...
Lucid reported a larger-than-expected loss for the fourth quarter on Tuesday, adding pressure on the electric vehicle maker to curtail costs as it ramps up its recently launched Gravity sport utility ...
For 2026, Lucid announced a vehicle production target of between 25,000 and 27,000 units, which would be a roughly 40% to 51% ...
Lucid Group (LCID) is a cutting-edge American company specializing in luxury electric vehicles (EVs). It designs, engineers, and manufactures high-performance EVs like the Lucid Air sedan and Gravity ...
Lucid’s strategic pivots toward a midsize platform and third-party dealer networks offer long-term hope but introduce massive ...
Lucid is cutting 12% of its workforce as the electric vehicle maker restructures operations following a challenging year ...
As Lucid ramps up production of the Gravity SUV and prepares its upcoming Midsize platform, it cannot afford a vacuum in its manufacturing or quality control departments. The cuts are instead aimed at ...
The cuts will not impact hourly production employees at its manufacturing facility in Arizona. It did not provide details about the number of people impacted.
The company has an investor event looming after closing out 2025 with some sizzling-hot sales numbers. It's been a struggle to hold Lucid Group ( LCID +0.00%) over the past five years. The electric ...