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Both electric-vehicle makers need positive momentum to lift their struggling stocks.

Lucid Stock Rallies After Prince Alwaleed Discloses a 5% Stake

Oil prices rise, Visa is streamlining, Corning has worst day in four months, and more news to start your day.

The main US stock measures were mostly trending higher in Wednesday's premarket activity as traders

Lucid Group (NASDAQ:LCID) powered by 21.54 percent on Tuesday to finish at $7.90 apiece, after a Saudi prince’s backing that helped allay concerns about the electric vehicle-maker’s financial health. In a regulatory filing on the same day, Lucid Group (NASDAQ:LCID) said that Saudi Prince Alwaleed Bin Talal Bin Abdulaziz acquired a 5 percent stake in […]

A billionaire investor bought a sizable stake in the EV maker.

According to a filing with the U.S. Securities and Exchange Commission on Tuesday, the Saudi billionaire Prince Alwaleed bin Talal now beneficially owns 19.5 million shares of Lucid’s Class A common stock.

Despite the jump, Lucid shares remain down roughly 30% year to date and 70% over the past 12 months.

A Saudi prince just bought a chunk of Lucid, sparking the kind of short squeeze that turns skeptics into believers overnight. But with a bankruptcy clock ticking and billions in cash burn on the books, the road to $10 runs straight through an August earnings report that could flip the story entirely.

The profits that look thin today are carrying a finite restructuring bill, and clearing it could reset how the market prices General Motors stock.

Consumer stocks gained Tuesday afternoon with the State Street Consumer Staples Select Sector SPDR E

(Bloomberg) -- Saudi Prince Alwaleed bin Talal Al Saud has acquired a $129.5 million stake in Lucid Group Inc., a much-needed vote of confidence in the electric vehicle maker weeks after it fended off rumors of an impending bankruptcy.Most Read from BloombergChip Rout Deepens on Circular Funding, China Competition FearsNvidia’s $750 Billion in Deals Reignite Circular AI FearsCitadel Securities Sees Warsh Delivering Surprise Fed HikeASML Slides on Report of China Starting DUV Tool ProductionDeepS

Wedbush just slapped a $600 price target on a stock that missed earnings by nearly 40% and watched its operating margin crater to almost nothing. The audacity either marks a Wall Street analyst losing the plot or someone who sees a business model transformation the rest of the market is too impatient to price in.

Lucid Group (LCID) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Electric vehicles were supposed to be the future of the auto industry. For one Saudi-backed automaker, the future is starting to look a lot like a balance sheet crisis. Lucid Group has burned through billions of dollars in cash, missed delivery targets, and just replaced most of its executive ...

Revenue cleared the bar, but a profit running below half its usual level and cash turning to burn told owners what the company's future really costs.

Lucid Group (LCID) is back in focus after a series of securities class action announcements, a roughly 7% share price drop, and a Wall Street downgrade citing production and cash concerns. See our latest analysis for Lucid Group. At a latest share price of US$6.30, Lucid Group has seen its short term momentum weaken, with a 7 day share price return down 14.4% and a year to date share price return down 43.5%, while the 1 year total shareholder return is down 78.4%. This suggests recent legal...

Tesla is bleeding market share in investor portfolios to Lucid and Rivian even as it posts record deliveries, and the reason points to a CEO distraction that could get louder before it fades.

Growth is oxygen. But when it evaporates, the consequences can be severe - ask anyone who bought Cisco in the Dot-Com Bubble or newer investors who lived through the 2020 to 2022 COVID cycle.

Today, July 23, 2026, analysts cut price targets as margin pressure and autonomous-driving caution weigh on the EV leader.

While some companies burn cash to fuel expansion, others struggle to turn spending into sustainable growth. A high cash burn rate without a strong balance sheet can leave investors exposed to significant downside.

Rivian is preparing to dilute investors with a stock sale.

Lucid Stock Drops After Fraud Claims and Strong Sell Rating Hit Sentiment

Tesla just posted record deliveries and Wall Street still hammered the stock lower by 8%, exposing a growing divide between what the company ships today and what investors are actually paying for.

Archer trades at a staggering 1,890 P/S ratio, while Lucid burns cash three times faster, a stark contrast in risk profiles.

Many young EV makers are judged on revenue growth, but the next step is gross profitability. Rivian has taken a step forward while Nio has taken a leap. Here's why it matters.

Morning Brew Daily’s July segment framed the U.S. electric vehicle industry in stark terms. They argued that Lucid (NASDAQ: LCID), once valued at $91 billion, is now worth just $2.87 billion, while Rivian (NASDAQ: RIVN) has fallen from a peak near $150 billion to roughly $25 billion. The guest analyst on the show argued that ... From $91B to $2.3B: The Catastrophic Collapse of America’s EV Industry

It's been mostly downhill for young EV companies in recent years after initial hype drove large IPOs and soaring stock prices. But here are three reasons Rivian could be a long-term winner.

Lucid has gotten torched over the last six months - since January 2026, its stock price has dropped 38.3% to $7.08 per share. This was partly due to its softer quarterly results and might have investors contemplating their next move.

On Saturday, investor Ross Gerber renewed his support for electric vehicles, arguing that Global electric vehicle (EV) adoption could help reduce oil dependence, lower emissions and reshape the future of global transportation. Gerber Pushes Electric Vehicle Adoption Gerber shared his...