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Lucid CEO defends $1.75 billion capital raise
Lucid CEO defends $1.75 billion capital raise following stock drop
Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.
Lucid says stock sale will provide 'cash runway' well into 2026
DETROIT, Oct 21 (Reuters) -
Lucid
(LCID.O), opens new tab CEO Peter Rawlinson said on Monday that a
stock
sale announced last week will provide the electric luxury sedan maker with a "cash runway well into 2026." Rawlinson said in an interview on the ...
Lucid CEO Offers Weak Defense of Stock Sale
Lucid's CEO offered a weak defense for diluting the EV maker's stock. It is no surprise the share price has plunged in the past two years.
Lucid stock offering underscores reliance on Saudi funding
Lucid Group (LCID) recent stock offering underscores the company's continue reliance on Saudi funding. Read more here.
12h
Why Lucid Stock Fell Today
Lucid stock fell in today's daily trading as investors weighed the possibility that the Federal Reserve will adopt a ...
1d
Despite Lucid’s stock plunge, here’s why I see a bright future for the company
Investors should buy lucid stock after its 15% dip today, as the pessimism surrounding the stock seems to have peaked.
11h
on MSN
Lucid CEO Throws Cold Water On Tesla's Robotaxi Vision, Says Self-Driving Cars Won't Happen 'Till The 2030s'
Lucid CEO Peter Rawlinson may have added to his rivalry against Tesla with comments against the growth of autonomous vehicles ...
5d
Lucid Shares Sink on Stock Sale, Loss Warning
Lucid shares dropped after the electric-vehicle maker said it would shore up its finances by issuing new stock and warned of ...
6d
Why Lucid Group Stock Is Going Downhill Today
Shares of Lucid Group ( LCID -15.24%) shifted into reverse Thursday after the electric vehicle (EV) maker announced a ...
6d
Lucid Group Stock: Enough Is Enough
Lucid's stock is overvalued with a 2024 sales ratio of 9.2x, and profitability remains years away, making it a high-risk ...
6d
EV maker Lucid expects to raise $1.67 bln from stock sale
Cash-strapped electric luxury sedan maker Lucid said on Thursday a combined public offering and private placement of roughly ...
1d
Lucid stock rises, Honda slips: Autos sector in focus
Morning Brief Hosts Madison Mills and Seana Smith check in two trending tickers in the autos sector. Shares of Lucid (LCID) ...
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