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LCID Jan 2025 3.000 call

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  • PR Newswire

    Four Seasons and Lucid Team Up to Offer Guests Sustainable Driving Experiences

    Global luxury hospitality leader Four Seasons and Lucid Group, Inc., maker of the world's most advanced electric vehicles, announce a new partnership grounded in a shared vision of an exceptional, sustainable lifestyle. The collaboration underscores both companies' commitment to environmental stewardship and responds to a growing guest desire for added flexibility and unique, eco-friendly experiences during their stay.

  • Yahoo Finance Video

    Mass-market car needed to jump-start EV demand: Lucid, Tesla

    Lucid (LCID) stock gains after the electric vehicle (EV) maker reported an increase in deliveries. Ronald Jewsikow, Guggenheim Securities director of automotive equity research, joins Seana Smith and Brad Smith on Morning Brief to discuss what’s next for Lucid and EV demand. “I think Lucid has some catalysts on the horizon in terms of the gravity launch, which does unlock some [Total Addressable Market] TAM, but we've seen that the high-end electric SUV market is not as big as I think investors would have expected a few years ago. We've seen Rivian (RIVN) sales kind of stall out here, as well as Tesla's (TSLA) Model S and X sales,” Jewsikow tells Yahoo Finance. He says, “I think that until we get to the mass-market car, which for Lucid is 2026 and beyond, it's kind of there is a lack of catalyst to really drive growth and see that step function change, improvement in unit economics and profitability, which is tough for investors to underwrite.” “We've seen the same pressure on Rivian, which we're berated on just that this view that until 2026, there's no real catalyst to change EV demand if you don't have a mass-market product,” Jewsikow adds. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Naomi Buchanan.

  • PR Newswire

    Lucid Announces Q3 Production & Deliveries, Sets Date for Third Quarter 2024 Results

    Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced production and delivery totals for the quarter ended September 30, 2024. During this period, Lucid produced 1,805 vehicles and delivered 2,781 vehicles, of which approximately 8% were subject to operating lease accounting.1