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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 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 a larger-than-expected loss. The carmaker plans to sell more than 260 million shares in a public offering,
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.
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 ...
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 ...
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
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 ...
7d
Lucid: Some Respite, But Don't Celebrate Too Early (Rating Upgrade)
Lucid Group, Inc. stock has outperformed since its lows in April 2024, likely stunning bearish investors. Click here to read ...
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.
7d
Lucid Slumps on Plan to Sell 262.4 Million Shares
Lucid Group Inc. shares slid after the electric-vehicle maker said it plans to sell 262.4 million shares of common stock in a ...
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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