Core Viewpoint - Lucid Group has shown positive momentum in 2024, culminating in a strong fourth-quarter performance, despite the unexpected announcement of CEO Peter Rawlinson's resignation [1][2]. Group 1: Leadership Changes - Peter Rawlinson has stepped down as CEO, with COO Marc Winterhoff taking over as interim CEO, while Rawlinson will remain as a strategic technical advisor [3][4]. - The decision for Rawlinson to step down comes after 12 years of leadership, indicating a potential transition phase for the company [4]. Group 2: Company Performance - Lucid achieved a record total of 10,241 vehicle deliveries in 2024, marking a 70% increase from the previous year, and aims to deliver 20,000 vehicles in 2025 [6]. - The introduction of the Gravity EV SUV is a significant factor contributing to the increase in deliveries, with 75% of orders being from new customers [7]. Group 3: Future Developments - Lucid is developing a new mid-sized platform for three upcoming vehicles, with one vehicle, tentatively named Earth, expected to start at around $48,000 and production anticipated in late 2026 [8]. - The upcoming vehicles are crucial for Lucid's strategy to compete with Tesla's market share [8]. Group 4: Investment Perspective - The resignation of Rawlinson should not prompt investors to sell Lucid stock, as the focus should remain on the company's growth potential in 2025 and beyond [9].

Building a company from the ground up in a capital-intensive industry is difficult to do. It is even more difficult when that industry has a small number of large and entrenched leaders. But this is exactly what Tesla (TSLA -0.30%) managed to achieve, effectively creating the electric vehicle (EV) market that exists today.Lucid (LCID 2.87%) is trying to recreate that magic. It has a long way to go before it is anywhere near Tesla or other EV peers, like Rivian (RIVN 1.27%). Here's why.Tesla achieved a mirac ...

Shares of Lucid Group (LCID 2.87%) were losing momentum early in the year, but not many expected the stock to fall so much so soon. An unexpected turn of events sent the electric vehicle (EV) stock plunging 19.6% in February, according to data provided by S&P Global Market Intelligence. Lucid stock has now lost almost 30% value so far in 2025, as of this writing.Lucid reported strong numbers, but its CEO also quitAfter announcing a new chief financial officer in January, Lucid announced another major change ...

There were such high hopes for the electric vehicle market, which is the problem with the share prices of EV stocks today. The outlook for EVs was and is robust, but the growth was priced in at the very start. Since then, EV companies failed to capture the growth or profits forecasted without cutting deeply into shareholder value. Many EV OEMs have relied heavily on dilutive actions and share price manipulation to keep themselves afloat and investors interested.  The critical takeaway for investors is that ...

NEW YORK, March 4, 2025 /PRNewswire/ -- Lucid Diagnostics Inc. (Nasdaq: LUCD) ("Lucid" or the "Company"), a commercial-stage, cancer prevention medical diagnostics company, and subsidiary of PAVmed Inc. (Nasdaq: PAVM), today announced that it has entered into subscription agreements with certain accredited investors to sell 13,939,331 shares of common stock at a purchase price of $1.10 per share in a registered direct offering. The gross proceeds to the Company from this offering are expected to be approxim ...

It's been an eventful week for investors in Lucid Group (LCID -0.90%). The electric vehicle (EV) stock was already tanking ahead of earnings after getting a massive analyst downgrade when it dealt a big blow to investor confidence by announcing its CEO's sudden departure. That overshadowed Lucid's big production guidance for 2025, and the stock plunged this week -- it was trading 27% lower through Friday noon, according to data provided by S&P Global Market Intelligence. Here's all you need to know.Lucid ha ...

After the bell on Tuesday, we received fourth quarter results from Lucid Group, Inc. (NASDAQ: LCID ). The luxury electric vehicle maker has been one of the market's biggest disappointments in recent years, failing to meet its long-term growth expectations. While theI am a market enthusiast and part-time trader. I started writing for Seeking Alpha in 2011, and it has been a tremendous opportunity and learning experience. I have been interested in the markets since elementary school, and hope to pursue a care ...

So far in the Q4 earnings season, investors have been unforgiving for any company that has less-than-perfect news to report. Double-digit percentage slides have been common, especially among small and mid-cap stocks.With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alp ...

Lucid to support study of this expanded indication for esophageal precancer testing in partnership with NIH investigatorsNEW YORK, Feb. 27, 2025 /PRNewswire/ -- Lucid Diagnostics Inc. (Nasdaq: LUCD) ("Lucid" or the "Company"), a commercial-stage, cancer prevention medical diagnostics company, and subsidiary of PAVmed Inc. (Nasdaq: PAVM), today announced that a consortium of prestigious academic medical centers, led by principal investigators from Case Western Reserve University (CWRU) and University Hospita ...

Electric vehicles (EVs) are in rough terrain. While U.S. EV sales rose 7% last year to 1.3 million in the U.S., the Trump administration's not-so-friendly stance toward electric vehicles has spooked some investors and ignited concerns that growth among EV makers could be stifled.So what's an investor in EV stocks to do? As someone who believes in the long-term potential of this market, I think the current difficulties some EV makers are facing could be temporary. Let's look closely at start-up Lucid (LCID - ...