Lucid Group Inc is an innovative automotive company that specializes in the design, manufacturing, and marketing of electric vehicles (EVs). With a focus on luxury and sustainability, Lucid aims to revolutionize the EV market by offering high-performance vehicles that combine cutting-edge technology, elegant design, and an emphasis on energy efficiency. The company's flagship model, the Lucid Air, showcases advanced features such as impressive range capabilities, fast charging, and a spacious, high-tech interior, positioning Lucid as a significant player in the growing electric vehicle industry. Additionally, Lucid Group is committed to expanding its production capabilities and enhancing the EV ecosystem, contributing to a more sustainable future in transportation. Read More
The electric vehicle (EV) market is currently experiencing a frenzied surge as consumers nationwide rush to purchase eligible vehicles before the federal $7,500 EV tax credit for new EVs and the $4,000 credit for used EVs expire on September 30, 2025. This abrupt termination of incentives, enacted through
A number of stocks jumped in the afternoon session after a key inflation data aligned with forecasts, bolstering hopes for continued interest rate cuts from the Federal Reserve.
Baidu (NASDAQ: BIDU) is pushing its Apollo Go robotaxi business into new markets, including Australia, as the service reaches operational profitability in several Chinese cities.
Electric vehicle company Lucid Group (NASDAQ: LCID) may have a hit on its hands with the Lucid Gravity SUV based on comments from the company about demand and
Shares of luxury electric car manufacturer Lucid (NASDAQ:LCID) jumped 2.8% in the morning session after Cantor Fitzgerald raised its price target on the stock to $26 from $20 while maintaining a Neutral rating.
The global energy landscape is changing, and electric vehicles are at the center of this shift. As more countries embrace batteries and clean transport, the demand for oil is beginning to weaken . What once looked like a distant possibility is now visible in real numbers, especially in markets leading the electric vehicle transition.
Shares of luxury electric car manufacturer Lucid (NASDAQ:LCID) jumped 5.9% in the afternoon session after news of its partnership with Uber to supply 20,000 Gravity SUVs for a new robotaxi program continued to resonate with investors.
Tesla (NASDAQ: TSLA) is poised to ignite a new era of electric vehicle (EV) affordability, with strategic plans underway to introduce new, more budget-friendly models in 2025. Production of these highly anticipated vehicles commenced in the first half of the year, with an aggressive target of pricing potentially falling below
Elon Musk's increasingly overt political engagements have cast a long shadow over Tesla (NASDAQ: TSLA), leading to a significant downturn in its stock performance and raising serious concerns about brand integrity and investor confidence. The electric vehicle giant, long a darling of the market, saw its shares plummet by nearly
Tesla's current trajectory reveals a company strategically recalibrating its future, shifting its emphasis from solely an electric vehicle (EV) manufacturer to a diversified technology and energy powerhouse. This pivotal move involves aggressive expansion into artificial intelligence (AI), particularly through its Optimus humanoid robot and Full Self-Driving (FSD) initiatives, alongside a
The global electric vehicle (EV) market is undergoing a significant recalibration, as an initial surge in demand gives way to a more measured, yet still growing, adoption curve. This shift is marked by a noticeable softening in consumer enthusiasm, particularly in key Western markets, even as overall EV sales continue
