The former chief engineer of Lucid Motors, Eric Bach, has sued the company for wrongful termination, discrimination, and retaliation, and claims one of the automaker's top HR executives referred to him as a “German Nazi.”
Lucid Group (LCID) reported earnings 30 days ago. What's next for the stock?
Lucid Group, Inc. (LCID) Presents at UBS Global Industrials and Transportation Conference Transcript
Late last year, Lucid Group Inc. (NASDAQ: LCID) began production of its highly anticipated Gravity luxury electric SUV.
Lucid delivered strong Q3 results with 69% year-over-year growth and a record 4,078 EV deliveries. LCID's Uber partnership and Lucid Gravity Touring launch are key growth catalysts, but gross margins remain deeply negative, and cash burn is elevated. Despite $3.0B in cash and investments and Saudi PIF backing, dilution risk is high as Lucid's cash runway is only 3-4 quarters at current burn rates.
Lucid reported disappointing Q3 results, missing revenue estimates and posting its largest quarterly operating loss in four years. LCID's ongoing cash burn raises concerns about liquidity, with another capital raise likely as Gravity SUV production ramps up. Despite recent share price declines, LCID trades at a premium to most EV peers, while its fundamentals continue to deteriorate.
Lucid Group (LCID) came out with a quarterly loss of $3.31 per share versus the Zacks Consensus Estimate of a loss of $2.32. This compares to a loss of $4.1 per share a year ago.
Lucid Group (NASDAQ: LCID) missed revenue and earnings expectations in Q3 2025, posting a $1.03 billion net loss on $336.6 million in revenue.
Lucid Motors' chief engineer Eric Bach is leaving the company after more than a decade, the company has announced.
Lucid reported third-quarter revenue below analysts' estimates and a bigger-than-expected loss on Wednesday, despite a jump in deliveries sparked by now-expired tax credits, as the EV maker grappled with production constraints and rising costs.
Lucid also said it has agreed to increase a term loan credit facility from $750 million to roughly $2 billion from Saudi Arabia's Public Investment Fund.
Rivian and Lucid are set to report third-quarter earnings this week, with analysts expecting growths in revenue and narrower adjusted earnings losses amid record third-quarter U.S. EV sales. But the electric vehicle makers are facing steep challenges, from tariffs to an expected sales drop to company-specific problems that include new product challenges, and regulatory changes.