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0.000861501038868892 0.00367686391098932 1.68921772326842E-05 0.00958912594244258 0.011278343665715 0.011278343665715 0.011278343665715 0.011278343665715
Stock impact report

Lucid Leans Into Robotaxis and $2 Billion Liquidity Boost [Yahoo! Finance]

Lucid Group, Inc. (LCID) 
Company Research Source: Yahoo! Finance
Lucid Group ( NASDAQ:LCID ) is keeping its foot on the pedal. The EV maker is aiming to build around 18,000 cars by the end of the year right in line with expectations even as it juggles shortages of magnets, aluminum, and chips. Warning! GuruFocus has detected 5 Warning Signs with LCID. Is LCID fairly valued? Test your thesis with our free DCF calculator. Interim CEO Marc Winterhoff said Lucid just logged its seventh straight quarter of record deliveries and is now pushing hard into its next big move: robotaxis and self-driving tech. The company's teaming up with Uber and NVIDIA ( NASDAQ:NVDA ) to deploy 20,000 robotaxis and bring Level 4 autonomy closer to reality a big swing that could reshape its future. On the financial side, revenue jumped 68% from a year ago to $337 million. CFO Taoufiq Boussaid said liquidity is solid, thanks to a $2 billion loan facility that remains untouched giving Lucid more breathing room without issuing new shares. Looking ahead, Lucid expects Show less Read more
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