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0 0 0.00411522633744847 0.00411522633744847 -0.00205761316872424 0 -0.00205761316872424 0
Stock impact report

Lucid: The Next Fisker? (Rating Downgrade) [Seeking Alpha]

Lucid Group, Inc. (LCID) 
Company Research Source: Seeking Alpha
The risk profile for smaller EV players like LCID is unappealing, especially after Tesla's payroll cuts and warnings about challenges in the global EV market. With Fisker fighting against bankruptcy, smaller EV companies face an uphill battle for survival in FY 2024. Lucid Group ( NASDAQ: LCID ) last week reported first-quarter delivery and production volumes for the Lucid Air, which came in ahead of expectations. However, delivery gains have been driven in part by price cuts, so while deliveries have surged relative to the first-quarter of Recommended For You Recommended For You About LCID Stock Show less Read more
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