LCID
NASDAQ · Automobiles
Lucid Group Inc
$5.16
-0.20 (-3.73%)
LCID News19 articles
Rivian R2 Launch Fuels Stock Rally as Key Test Nears
Rivian shares gained 2.3% to $17.34 as investors anticipate the June 9 R2 launch, marking the EV maker's first major market test for its lower-priced SUV line.
Rivian R2 Deliveries Begin, Stock Rises as Market Eyes June 9
Rivian stock rose 3.9% to $16.95 as investors anticipate the first R2 SUV deliveries on June 9. The company faces profitability challenges and a regulatory probe.
Rivian Stock Surges on R2 SUV Delivery Timeline
Rivian shares surged 7.2% Friday after the company set a June 9 delivery date for its R2 SUV, fueling investor optimism despite ongoing cash burn.
Rivian Shares Surge Ahead of R2 SUV Launch; NHTSA Probe Underway
Rivian shares closed at $16.30, up 7.24%, as the company prepares for R2 customer deliveries starting June 9. Meanwhile, NHTSA investigates potential rear toe-link defects on over 114,000 R1S and R1T vehicles.
Rivian R2 Production Ramp Drives Stock Rebound
Rivian stock climbed 4.4% to $13.465 after a production update on the R2 SUV. The company targets 155,000 units annually at its Illinois plant.
Tesla Recalls 218,868 Vehicles in US; European FSD Approval Stalls
Tesla recalls 218,868 US vehicles over rearview camera delay. Stock slips 0.8% as European FSD approval faces regulatory hurdles.
Uber Stock Holds BofA Buy Rating Ahead of Q1 Results; Robotaxi Strategy Nears Key Milestone
BofA Securities reaffirms its Buy rating on Uber Technologies (UBER) with a $103 price target, citing robust booking trends and autonomous vehicle progress ahead of Q1 earnings.
Uber Expands Robotaxi Operations with Hertz Deal, Shifts Strategy Ahead of Earnings
Uber is expanding its robotaxi operations by partnering with Hertz's Oro Mobility for fleet management, signaling a strategic shift toward direct operations. The move comes ahead of Uber's Q1 earnings.
Rivian Stock Plunges on Cash Burn Worries Despite Strong Q1 Beat
Rivian shares sank 8.4% despite a Q1 earnings beat, as cash burn and profitability concerns dominated. Tesla and Lucid shares rose over 2%.
Lucid Shares Plunge to New Low Despite $1B Infusion from Saudi PIF and Uber
Lucid shares fell to a 52-week low of $5.83 as investor concerns over dilution and weak Q1 revenue overshadowed a $1.05 billion capital raise from Uber and Saudi PIF.
Ackman's Uber Stake Gains Focus as Robotaxi Deal with Lucid Expands
Uber shares rose 2% on renewed attention to Bill Ackman's stake and a $200 million Lucid investment for robotaxis, with a commitment to 35,000 vehicles.
Lucid Shares Hit Record Low Despite Uber-Backed $1.05B Funding
Lucid shares tumbled 9.26% to $6.27, a new low, as a $1.05B funding package from Uber and Saudi PIF failed to ease dilution concerns.
Lucid Shares Slide 9.6% as Uber Stake Fails to Calm Funding Fears
Lucid Group shares dropped 9.6% after Uber disclosed an 11.52% stake, as a $1.05 billion capital raise and partnership news failed to ease investor worries about liquidity and production.
Uber's Lucid Stake Signals Major Robotaxi Ambitions
Uber Technologies has taken a significant 11.5% passive stake in Lucid Group, solidifying a major robotaxi supply agreement. The partnership includes a $500 million investment and an order for at least 35,000 autonomous vehicles.
Uber Bets $10 Billion on Robotaxi Expansion, Pivots from Asset-Light Model
Uber is investing more than $10 billion to deploy autonomous ride-hailing services, shifting from its traditional asset-light approach. The company plans to launch robotaxis in at least 28 cities by 2028 through partnerships with Baidu, Rivian, and Lucid.
Rivian Soars 27% on Strong 2026 Delivery Outlook for R2 SUV
Rivian Automotive shares jumped 26.6% to $17.73 following an optimistic 2026 delivery forecast centered on its lower-priced R2 SUV. U.S. markets are closed Monday for Presidents Day.
Rivian Soars 27% on Q4 Profit, 2026 Outlook; EV Sector Mixed
Rivian Automotive surged 26.7% following a profitable Q4 and strong 2026 delivery guidance, while other EV stocks showed mixed performance ahead of the holiday break.
GM Shares Gain on Leadership Appointment, Analyst Upgrade
General Motors stock advanced Wednesday following the hiring of a new deputy CFO and a significant price target increase from Benchmark. CEO Mary Barra's share transactions were also in focus.
EV Stocks Rally on UBS Lucid Bet; Stellantis Takes $26.5B Charge
Lucid surged 14% after UBS disclosed a major stake, leading a rebound in EV shares. Stellantis plunged up to 30% in Europe after booking a massive $26.5 billion charge related to its electric vehicle strategy.