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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
CEO offered a weak defense for diluting the stock. It is no surprise the stock has plunged in the past two years. Also: Dividend legends to hold forever. Lucid Group Inc. (NASDAQ: LCID) CEO Peter Rawlinson said no one understood why issuing a large amount of stock in exchange for $1.
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.
cbtnews
1d
Lucid Group’s $1.75B public offering misinterpreted by investors, says CEO Peter Rawlinson
Lucid Group raised $1.75 billion in a public offering on Wednesday, leading to its worst stock performance in nearly three ...
Electrek
6d
Lucid chief says despite slower-than-expected EV market, it’s still outpacing luxury rivals
Despite admitting “the market is tough,” Lucid Motor’s (LCID) CEO Peter Rawlinson said the luxury EV maker is outpacing its ...
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 ...
Torque News
8h
Peter Rawlinson, Lucid CEO, Is Dead Wrong About Tesla FSD
Lucid CEO, Peter Rawlinson, shared a statement about Tesla's FSD software, stating that it will take into the 2030s to solve ...
5d
What in the World Happened to Lucid and Rivian Deliveries?
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
6d
on MSN
Lucid Group Stock Tanks on Share Sale, Bigger-Than-Expected Projected Loss
Lucid Group announced it would be selling approximately 637 million shares in a public offering and to its largest ...
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) ...
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 ...
7d
Lucid’s stock takes a dive after EV maker warns of larger losses
Lucid’s stock took a deep dive in early Thursday trading, after the EV maker called for larger-than-expected operational ...
6d
on MSN
Extremely unprofitable Bay Area carmaker Lucid grabs at $1.6 billion lifeline
Lucid, an extremely unprofitable Bay Area carmaker, is grabbing a $1.6 billion lifeline from investors, including the ...
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