Lucid Announces Q3 Production & Deliveries, Sets Date for Third Quarter 2023 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
Tesla (TSLA) follows GM and Ford (F), slows EV ramp as demand drops
October 19, 2023 9:21 AM EDTTesla (NASDAQ: TSLA), on Wednesday, echoed the cautious approach of General Motors (NYSE: GM) and Ford (NYSE: F) towards expanding electric vehicle (EV) production capacity. The company cited economic uncertainties and emphasized concerns about a possible decline in demand.
Tesla CEO, Elon Musk voiced his apprehension about the... More
Lucid (LCID) deliveries not as bad as it seems, Bank of America reiterates Neutral rating
October 18, 2023 9:47 AM EDTBank of America (BofA) reiterated their Neutral rating and $8.00 price target on Lucid Group (NASDAQ: LCID) after the electric automaker reported 3Q23 delivery results.
Lucid's EV deliveries totaled 1,457 units, approximately 35% lower than BofA's estimated figure of 2,250. The slight increase from the 2nd quarter's 1,404 deliveries indicates a softer demand, indicating that the company might be encountering reduced market interest.
However, BofA analysts note that Lucid... More
Lucid (LCID) falls on 3Q production and delivery numbers
October 17, 2023 11:04 AM EDTShares of American electric vehicle company, Lucid Group (NASDAQ: LCID) are down almost 4% following the release of their 3Q production and delivery numbers Tuesday.
The company reportedly produced 1,550 EVs, with an additional 700 in transit to Saudi Arabia for final assembly.
The electric... More
