Lucid Group, Inc. a technology and automotive company, develops electric vehicle (EV) technologies. The company designs, engineers, and builds electric vehicles, EV powertrains, and battery systems. As of December 31, 2021, it operates twenty retail studios in the United States. Lucid Group, Inc. was founded in 2007 and is headquartered in Newark, California.

Lucid Group, Inc.

Lucid is the new generation of EV. Our relentless focus on innovation, luxury, and sustainability drives us into a reality where you no longer have to choose between doing great things, doing the right thing, and doing everything with the highest regard for efficiency and design. There were luxury cars, then EVs, now there’s Lucid.

Saudi Arabia's Public Investment Fund

Ayar Third Investment Company

BlackRock

Fidelity

Fidelity Management and Research Company

Samsung Electronics

Wellington Management

Winslow Capital

Franklin Templeton

Neuberger Berman

Jafco Life Science

Mitsui & Co

China Environmental Fund

Venrock

Lucid Motors

A truly exceptional luxury experience more within reach than ever – #LucidAir now starts at $69,900,* including a $1,000 allowance towards Lucid charging accessories and 2 years of complimentary scheduled maintenance:** https://bit.ly/3UBl7vz 

*Excludes tax, title, license, options, destination and documentation fees; for U.S. market only. Vehicle shown here with optional features.
**See Lucid's website for more details and limitations.

Peter Rawlinson, CEO and CTO of Lucid Motors, will be participating in a keynote session with other EV industry leaders at the Geneva International Motor Show on Tuesday. Peter will be discussing the future of electric vehicle adoption and how the automotive industry plays a pivotal role in shaping a cleaner and greener future.

If you’re interested in attending this event, VIP day tickets are still available here: https://lnkd.in/dPuyz9gv 

#LucidMotors #EVs #Innovation #Sustainability

A groundbreaking EV in its purest form. 

The award-winning #LucidAir Pure RWD is our most accessible Air yet, and it will make its European debut this week at the Geneva International Motor Show, where the full Lucid range will be on display. #GIMS2024

The #LucidAir Sapphire is ready to dazzle at the Geneva International Motor Show. Stop by our booth and prepare to be blown away. #BlueMeansGo #GIMS2024

Lucid is on our way to the Geneva International Motor Show. Meet us there to experience cutting-edge EV technology and witness the European debut of our groundbreaking SUV, the #LucidGravity. #GIMS2024

Lucid Announces Fourth Quarter and Full Year 2023 Financial Results. $LCID https://bit.ly/3OPTF9H

It’s prime time for the #LucidGravity.

Our state-of-the-art paint shop at Lucid’s newly expanded AMP-1 factory in Casa Grande, Arizona, is meticulously calibrated to deliver quality worthy of the Lucid name. 

Gravity, the future of SUVs is right around the corner. #RoadToGravity

#LucidAir Pure RWD, the “future of sports sedans,” is here.

Now starting at $69,900*, see why “fans of Mustangs, Camaros, Porsches, BMWs, Corvettes, Ferraris, Lambos, Hondas, and Teslas will appreciate” the #LucidAir Pure RWD.

*Excludes tax, title, license, options, destination and documentation fees; for U.S. market only.

Putting our stamp on history. 

Lucid’s stamping facility at the expanded AMP-1 factory is one of the most advanced in the world. The cutting-edge laser blanking and tandem stamping machines are part of our vertically-integrated factory which is shaping the future of electric mobility.

Join our growing team in Casa Grande and come along for the ride: lucidmotors.com/careers  

#LucidAir #RoadToGravity #Manufacturing #Innovations

✅ America’s most awarded new luxury vehicle*
✅ Up to 516 miles of estimated range**
✅ Luxurious and spacious interior
✅ 2 years of complimentary scheduled maintenance***
✅ $1,000 charging allowance
✅ Starting at $69,900**** 

Find the perfect #LucidAir near you: https://bit.ly/3I3jCi3 

* Based on percentage of major industry awards and accolades earned by new luxury vehicles launched in the last three years and on sale in the United States.
** EPA est. range ratings when equipped with 19” wheels: 516 Grand Touring/411 Touring/410 Pure AWD. Manufacturer’s projected range for Pure RWD equipped with 19” wheels is 410 miles; EPA est. range is 419. EPA est. range for Sapphire is 427 when equipped with standard wheel covers. Range and battery power vary with temperature, driving habits, charging and battery condition and actual results will vary. 
*** See Lucid website for more details and limitations. 
**** Price for Pure RWD; excludes tax, title, license, options, destination and documentation fees; for U.S. market only. Vehicle shown here with optional features.

	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	4.59M -	3.98M 13.38%	27.11M 581.87%	608.18M 2,143.30%	595.27M 2.12%
cost of revenue	3.93M -	3.07M 21.80%	154.90M 4,945.50%	1.65B 962.70%	1.94B 17.62%
gross profit	664K -	906K 36.45%	-127.79M 14,204.42%	-1.04B 712.22%	-1.34B 29.18%
selling and marketing expenses
general and administrative expenses
selling general and administrative expenses	38.38M -	89.02M 131.98%	652.48M 632.93%	734.57M 12.58%	797.24M 8.53%
research and development expenses	220.22M -	511.11M 132.09%	750.18M 46.78%	821.51M 9.51%	937.01M 14.06%
other expenses	4.61M -	-690K 114.98%	-893K 29.42%	9.53M 1,167.41%	24.55M 157.51%
cost and expenses	262.52M -	603.20M 129.77%	1.56B 158.21%	3.20B 105.59%	3.69B 15.39%
operating expenses	258.60M -	600.13M 132.07%	1.40B 133.72%	1.56B 10.94%	1.76B 13.03%
interest expense	8.55M -	64K 99.25%	1.37M 2,046.88%	30.60M 2,126.78%	-24.91M 181.43%
ebitda	-249.49M -	-589.70M 136.37%	-1.47B 149.47%	-2.34B 59.14%	-3.10B 32.40%
operating income	-257.93M -	-599.23M 132.32%	-1.53B 155.40%	-2.59B 69.49%	-3.10B 19.49%
depreciation and amortization	8.45M -	9.53M 12.77%	59.30M 522.41%	252.87M 326.45%	233.53M 7.65%
total other income expenses net	-19.40M -	-120.34M 520.31%	-1.05B 771.91%	1.29B 222.93%	272.19M 78.90%
income before tax	-277.33M -	-719.57M 159.46%	-2.58B 258.51%	-1.30B 49.45%	-2.83B 116.81%
income tax expense	23K -	-188K 917.39%	49K 126.06%	379K 673.47%	1.03M 170.71%
net income	-277.36M -	-719.38M 159.37%	-2.58B 258.61%	-1.30B 49.43%	-2.83B 116.83%
weighted average shs out	24.83M -	24.83M 0%	740.39M 2,882.34%	1.68B 126.68%	2.08B 24.04%
weighted average shs out dil	24.83M -	24.83M 0%	740.39M 2,882.34%	1.69B 128.70%	2.08B 22.94%
eps	-11.17 -	-28.98 159.44%	-3.48 87.99%	-0.78 77.59%	-1.36 74.36%
epsdiluted	-11.17 -	-28.98 159.44%	-3.48 87.99%	-0.77 77.87%	-1.36 76.62%

COM:LUCIDMOTORS

Lucid Group, Inc.

Last Close

2.06

22/11 21:00

Market Cap

7.27B

Beta: -

Volume Today

40.72M

Avg: -

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