Lucid Group, Inc. Dividend History (LCID)
Lucid Group, Inc. does not pay dividends currently 😔
They might in the future, check back soon!
About Lucid Group, Inc.
Lucid Group, Inc. is an American automotive company specializing in electric vehicles and advanced automotive technology. Founded in 2007 by Bernard Tse and Sam Weng, initially under the name Atieva, Lucid shifted its focus from battery technology to electric cars in 2016. The company's headquarters are located in Newark, California. Lucid made headlines with its launch of the Lucid Air, a luxury electric sedan boasting a significant driving range and innovative features. The company aims to combine sustainability with luxury, pushing the boundaries of electric vehicle performance. CEO Peter Rawlinson, formerly the chief engineer of the Tesla Model S, has been instrumental in guiding Lucid's vision and development. In 2021, Lucid Group went public via a merger with a special purpose acquisition company (SPAC). As of 2023, the company continues to grow and expand its product lineup, targeting an audience that values high efficiency combined with premium aesthetics and comfort.
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Rivian and Lucid, two electric vehicle companies, are focusing on cost reductions and developing newer models to stay competitive in the market.
The Motley Fool · Published on Wed Dec 04 2024
Ford is undergoing a major transition to electric vehicles (EVs), but its EV business is currently dragging down the company's performance. While its internal combustion engine (ICE) business is stable, the EV transition faces challenges from competition, especially in China. The article suggests that Ford is unlikely to be a 'millionaire maker' stock due to the uncertainty surrounding its EV strategy.
The Motley Fool · Published on Mon Dec 02 2024