NASDAQ:LCID - Nasdaq - US5494981039 - Common Stock
LUCID GROUP INC
NASDAQ:LCID (1/17/2025, 8:11:56 PM)
Premarket: 3.1 +0.03 (+0.98%)3.07
-0.01 (-0.32%)
Industry Rank | Sector Rank | ||
---|---|---|---|
PM (TTM) | N/A | ||
ROA | -36.26% | ||
ROE | -82.23% | ||
Debt/Equity | 0.57 |
The sell-off in stocks reversed abruptly this week on better-than-expected inflation readings; investors will want to see strong earnings to support the rally
Its price-to-sales ratio, for example, is 9.6. There are many reasons why a company might have a high price-to-sales ratio. Last quarter, its sales growth easily exceeded the rates posted by both Rivian and Tesla.
Lucid Group (NASDAQ: LCID) is a great stock for growth investors searching for a bargain. While the hype around electric car stocks has gyrated over the decades, the underlying statistics are hard to deny. From 2014 to 2017, electric car sales in the U.S. represented less than 1% of total vehicles sales.
Lucid Group, Inc. manufactures electric vehicles. The company is headquartered in Newark California, California and currently employs 6,500 full-time employees. The company went IPO on 2020-07-29. The firm is focused on designing, developing, manufacturing electric vehicles (EV), EV powertrains and battery systems in-house using its own equipment and factories. The company offers its own geographically distributed retail and service locations and through direct-to-consumer online and retail sales. The company also boasts a product roadmap of future vehicle programs and technologies. The company focuses on in-house hardware and software innovation, vertical integration, and a clean-sheet approach to engineering and design led to the development of the Lucid Air. The Lucid Air is a luxury sedan that redefines both the luxury car segment and the EV space. The Lucid Air is manufactured at its greenfield EV manufacturing facility in Casa Grande, Arizona, Advanced Manufacturing Plant-1 (AMP-1). The company owns and operates a vehicle service network comprised of service centers in metropolitan areas and a fleet of mobile service vehicles.
LUCID GROUP INC
7373 Gateway Blvd.
Newark California CALIFORNIA US
CEO: Michael Klein
Employees: 6500
Company Website: https://www.lucidmotors.com/
Investor Relations: https://ir.lucidmotors.com/
Phone: 15106483553
Symbol | Name | TA | FA | PE | Market Cap |
---|---|---|---|---|---|
TSLA | TESLA INC | 177.71 | 1369.09B | ||
TM | TOYOTA MOTOR CORP -SPON ADR | 8.76 | 237.04B | ||
RACE | FERRARI NV | 53.22 | 84.52B | ||
GM | GENERAL MOTORS CO | 5.16 | 56.05B | ||
HMC | HONDA MOTOR CO LTD-SPONS ADR | 7.02 | 43.67B | ||
F | FORD MOTOR CO | 5.85 | 40.46B | ||
STLA | STELLANTIS NV | 4.68 | 38.94B | ||
LI | LI AUTO INC - ADR | 17.24 | 23.97B | ||
RIVN | RIVIAN AUTOMOTIVE INC-A | N/A | 14.50B | ||
XPEV | XPENG INC - ADR | N/A | 13.40B | ||
VFS | VINFAST AUTO LTD | N/A | 9.64B | ||
NIO | NIO INC - ADR | N/A | 9.10B |