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It's been a tough few weeks for electric vehicle (EV) stocks like Lucid Group (LCID-6.76%), with the company's shares suddenly losing nearly 40% of their value. Many high-growth businesses have ...

Abu Dhabi: EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), announced today that its investment banking ...

Yet Lucid Group (NASDAQ: LCID) stock is bucking that trend. Shares of the luxury electric-vehicle (EV) maker jumped as much as 4.7%, even in the middle of all that red ink. As of 10:35 a.m. ET ...

The mission statement for Lucid Motors is not just to make the best EV on the road, but the best dang car — period. The electric vehicle revolution has come with tradeoffs; going farther on a ...

Lucid founder CEO Peter Rawlinson suddenly quit in February. Lucid expects to double production in 2025. However, not many are convinced about the EV maker's capabilities. After announcing a new ...

Cairo: EFG Finance, an EFG Holding company and its non-bank financial institution's arm, has announced its strategic divestment from PayTabs Egypt as part of its ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Rivian Automotive and Lucid Motors racked up billions in losses last year amid modest sales numbers, rising factory incentives and growing uncertainty in the U.S. electric vehicle market following ...

Lucid Group Inc. executives overhyped the luxury electric car maker’s production capacity surrounding its 2021 SPAC merger to the company and investors’ detriment, a shareholder derivative action said ...

Lucid will also continue to pay for Peter Rawlinson’s health insurance premiums. In 2022, stock options vested by the former CEO were valued at over $370 million. Lucid plans to more than double ...