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Lucid Group

Tesla rival Lucid's stock slides 15% after it says it'll make fewer electric cars than expected this year

Thu, 02/23/2023 - 09:42

Lucid CEO Peter Rawlinson shows off the Lucid Air electric sedan — Lucid Group shares slumped in premarket trading Thursday after the Tesla rival posted disappointing production and delivery guidance.
MediaNews Group/Bay Area News via Getty Images

Markets, MI Exclusive, Stocks, lucid, tesla, Lucid Group, LCID

Tesla cofounder's advice to EV startups: Don't try to be Tesla

Sun, 02/19/2023 - 06:55

Martin Eberhard says EV startups need to stop trying to be like Tesla and find their own market. — Martin Eberhard has some simple advice for EV companies: Don't try to beat Tesla by competing head-on with similar cars.
Getty

Tech Insider, Transportation, News, cars, tesla, Elon Musk, Martin Eberhard

Lucid Motors is helping oil-rich Saudi Arabia go electric in its ambitious plan to become a carmaking powerhouse

Tue, 02/14/2023 - 10:42

Photo of Lucid Motors car in front of Lucid power plant and manufacturing car 4x3 — Lucid Motors aims to produce 150,000 cars a year in Saudi Arabia in 2025.
Lucid Motors; Reuters; Rachel Mendelson/Insider

Markets, MI Exclusive, Commodities, Saudi Arabia, lucid, Lucid Group, Oil

Lucid spikes 98% on speculation Saudi investment fund may buy out remaining stake in the EV maker

Fri, 01/27/2023 - 16:04

Lucid Air — Lucid Air
Lucid Motors

Markets, MI Exclusive, Lucid Group, LCID stock price, Public Investment Fund of Saudi Arabia, PIF, Saudi PIF

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