News

By Abhirup Roy SAN FRANCISCO, Aug 4 (Reuters) - U.S.

(Bloomberg) -- Leveraged ETFs that offer the tantalizing prospect of doubling or tripling the daily returns of an individual stock are famously risky for investors who buy them. Most Read from BloombergTrump Says US to Hold Off Iran Attack If Deal AgreedSingapore's Gated Island for the Rich Is Marred by Decayed HomesIndia’s Family Offices Embrace Profit-Sharing to Attract Top TalentBessent Joins Japan to Help Reverse Months of Yen LossesSaudi Prince Concerned Over Trump’s Iran Strike Plan: Axios

Rivian just posted its cleanest quarterly beat in months and lifted full-year guidance, so why are shareholders waking up to an 8% drop while Lucid bleeds in sympathy and Tesla quietly holds its ground?

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 ...

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

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.

(Bloomberg) -- Lucid Group Inc., the electric-vehicle maker, said it isn’t considering a bankruptcy, and so far, the market believes it.Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesChip Stocks Poised for Bear Market in AI Unwind: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsChina’s Moonshot Unveils AI Model That Narrows Gap With US FirmsThailand Scraps Plan to End Visa-Free Entry for Indian TouristsThe Saudi-backed company i

Rumors used to die quietly. Now they move markets before a company can even pick up the phone, and the bill lands in your brokerage account long before the truth catches up. That is the tax every owner of a speculative stock pays, whether they budget for it or not. The electric vehicle business has ...

Lucid confirms working with AlixPartners but calls bankruptcy rumors "completely false."

An EV blog reported Lucid was weighing Chapter 11 or going private on the advice of AlixPartners — Lucid called the claims false

On July 14, 2026, shares tanked after reports that the EV maker was weighing restructuring options.

Gravity SUV production issues have hurt sales. The luxury EV maker slashed losses after denying denied a report that it's mulling bankruptcy.

Lucid said in a statement to Stocktwits that AlixPartners is only assisting the company and “has not recommended bankruptcy to management or the Board.”

Investing.com -- Lucid Group Inc. shares were trading roughly 20% lower on Tuesday, paring earlier losses of as much as 55%, after the EV maker rebuffed earlier reports of a potential bankruptcy filing.

Lucid stock collapsed by half in a single afternoon after reports surfaced that the EV maker hired turnaround specialists to weigh options that range from going private to a potential court filing, and now shareholders are left waiting to find out which path the Saudi-backed automaker actually chooses.

(Bloomberg) -- Lucid Group Inc. shares sank Tuesday after a news report said the electric vehicle maker is working with a restructuring advisor and weighing options that include filing for bankruptcy protection or going private.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeUS CPI Falls for the First Time Since 2020, Core Gauge FlatA Cocaine Bust in Spain Leads All the Way to Wall Street‘We Faltered’: IBM Plunges Most Since 1968 on Sales MissTrump Shelves

July 2 (Reuters) - Lucid Group missed second-quarter delivery estimates on Thursday and named Alexander De Bock as its new finance chief, the latest leadership change at the struggling electric-

Investing.com -- Lucid Group (NASDAQ:LCID) announced Monday it will reduce its U.S. workforce by approximately 18% and that Chief Operating Officer Marc Winterhoff has departed the company.

US futures were pointing higher at the start of the week as investors return from the Juneteenth holiday weekend, with technology stocks expected to lead gains despite lingering uncertainty over the Middle East and the prospect of further Federal Reserve tightening. Dow Jones futures were up...

Citi just trimmed its price target on Lucid Group (NASDAQ:LCID) to $14 from $17, while keeping a Buy rating. Analyst Michael Ward cited the company’s Q1 2026 miss and the withdrawal of its 2026 outlook, but argued the medium-term thesis remains intact. For long-term investors, the price target cut reads as a sobering near-term recalibration ... Citi Cuts Lucid Price Target to $14: Q1 Miss, Pulled Guidance Test the Saudi-Backed EV Maker

Lucid Drops After Earnings Reveal Delivery Weakness, Rising Losses

LCID posts wider-than-expected Q1 loss and misses estimates as write-downs, costs and supplier issues hit margins, even as revenues grow and liquidity gets a boost.

Lucid reported a first-quarter loss of almost $1 billion. Wall Street was looking for a loss of about $864 million.