Lucid Motors’ Stock Hits Historical Low, Company Struggles with Weak Sales and Competition

Lucid Motors’ Stock Hits Historical Low, Company Struggles with Weak Sales and Competition

Lucid’s stock, in which the investment fund owns a majority stake, collapsed to its lowest historical level, as it closed last week on Friday at $2.71 per share, which is a very low price. The stock lost more than 33% of its value during the current year 2024, while last year it lost approximately 65% … Read more

Lucid Company Stock Collapses to Near Historic Lows: Saudi Investment Fund’s Luxury Electric Cars in Trouble

Lucid Company Stock Collapses to Near Historic Lows: Saudi Investment Fund’s Luxury Electric Cars in Trouble

The stock of Lucid Company, in which the Saudi Investment Fund owns a majority stake and which specializes in the manufacture of luxury electric cars, continues to collapse to very low levels, and the stock closed this week at a low price. The company’s shares closed today, Friday, January 6, 2024, at a price of … Read more

Lucid Announces Plan to Produce Economical Electric Car to Compete with Tesla

Lucid Announces Plan to Produce Economical Electric Car to Compete with Tesla

Lucid, a company specializing in the manufacture of luxury electric cars, announced that it will produce an economical car priced at $50,000 with the aim of competing with Tesla. Company President Peter Rawlinson says: “We seek to produce vehicles at reduced prices that compete with Tesla vehicles – the Model 3 and Model Y.” Read … Read more

Lucid Company Announces Production of Economical Car Amid Declining Stock Prices and Weak Sales

Lucid Company Announces Production of Economical Car Amid Declining Stock Prices and Weak Sales

Lucid Company, in which the Saudi Investment Fund owns a majority stake, announced the offering of an economic car at a low price, while the company’s shares continue to decline continuously, as it closed yesterday, Thursday, December 29, at a price of $4.26 per share. The company, which specializes in luxury electric cars, announced an … Read more

Lucid Company Announces Launch of Economical Car with Saudi Investment Fund Majority Stake

Lucid Company Announces Launch of Economical Car with Saudi Investment Fund Majority Stake

Lucid Company, in which the Saudi Investment Fund owns a majority stake, announced the launch of an economic car at a low price. The company, which specializes in luxury electric cars, announced an economical car priced at 50,000 US dollars and is expected to be produced in 2025. Read also:Al-Ahly fans ignite their excitement with … Read more

Lucid Air Sapphire: A New Competitor to Tesla Model S Plaid in Performance and Speed

Lucid Air Sapphire: A New Competitor to Tesla Model S Plaid in Performance and Speed

23 October 2023, 14:44PiataAuto.md editors Lucid recently launched the Air Sapphire, the most powerful version of Lucid’s electric model, with 1,234 hp on active power, which promised to surpass the Tesla Model S Plaid in almost every department, including the Track Pack version. Now, once the first series cars have been produced and are on … Read more

Advantages of the “Lucid AIR” Electric Car: Factory Opening in the Kingdom with a Capacity of 100,000 Cars

Advantages of the “Lucid AIR” Electric Car: Factory Opening in the Kingdom with a Capacity of 100,000 Cars

Al-Marsad Newspaper: A specialist in the automotive field revealed the advantages of the “Lucid AIR” electric car, stressing: the opening of a factory in the Kingdom to manufacture it, with a capacity of 100,000 cars. The specialist said in a video clip: “Lucid AIR” is a fully electric car. One charge can drive 830 km, … Read more

Prince Muhammad bin Abdul Rahman Reveals Specifications of Lucid Electric Car and Distance it Travels on a Single Charge

Prince Muhammad bin Abdul Rahman Reveals Specifications of Lucid Electric Car and Distance it Travels on a Single Charge

Al-Marsad Newspaper: Prince Muhammad bin Abdul Rahman revealed the specifications of his electric car, Lucid, and the distance the vehicle travels on a single charge. The prince reviewed his car after making an external “nano” protection layer for it, as well as the front control screen that contains vehicle information, then the rear seats. The … Read more

“Review of Saudi Arabia’s Lucid Air Electric Car – Specs, Production, and Features”

Al-Marsad Newspaper: A citizen named Ahmed Al-Shehri reviewed an electric car of the type “Lucid Air”, revealing its internal and external specifications. Al-Shehri revealed, in several videos, the existence of a car production plant in Saudi Arabia, in King Abdullah Economic City. Al-Shehri confirmed that this car, “Lucid Air”, came off the production line in … Read more