LCIDW News and Press, Lucid Group Inc. Warrant From 10/04/22

Summary Global electric car sales August 2022 - Up 60% YoY to 15% share. China sales up 92% YoY to 30% share. Europe up 3% YoY to 21% share. US ~6% share. EV market news - BloombergNEF: More than half of US car sales will be electric by 2030. IEA: Global "EVs to account for 60% of...

Summary Stocks and Treasuries both sank on the sobering comments from U.S. Federal Reserve Chair Jerome Powell during the annual Jackson Hole symposium. The BUZZ NextGen AI US Sentiment Leaders Index fell 10.2% during the recent period between Index selection dates (August 14, 202...

Summary Utilizing the ongoing market sell-off, Soros Fund Management, also known as the "Soros Fund", doubled down on some of the household names within the technology sector ahead of the recent. The fund seems to have significantly increased its efforts to pursue attractive merge...

Summary The Saudi Sovereign Wealth Fund invested more than $7 billion during the second quarter, doubling down on some of its highest conviction investments. Chaired by Crown Prince Mohammed bin Salman, PIF used the ongoing liquidity crunch in the market to enter positions in comp...

Lucid slashed its production guidance for the year again from 12,000-14,000 vehicles to now 6,000-7,000 vehicles, citing pronounced supply and logistics constraints in Q2. The stock lost more than 12% in post-earnings late trading Wednesday, reflecting investors' concerns over Lucid's...

Lucid Group, Inc. (LCID) Q2 2022 Earnings Conference Call August 03, 2022 05:30 PM ET Company Participants Maynard Um - Senior Director of Investor Relations Peter Rawlinson - Chief Executive Officer & Chief Technology Officer Sherry House - Chief Financial O...

The following slide deck was published by Lucid Group, Inc. in conjunction with their 2022 Q2 earnings call. For further details see: Lucid Group, Inc. 2022 Q2 - Results - Earnings Call Presentation

From here on, the economic calendar will be benign. With the recent improvement in energy and commodity prices, the market could rally. The past few weeks our group was able to turn the calendar to our advantage. With economic indicators pointing to inflation and others showing pr...

The following provides a roundup of 2Q22 delivery and production volumes observed across EV OEMs within our coverage (TSLA; RIVN; LCID; PSNY; NIO; XPEV). Most EV OEMs have outperformed volume expectations in the second quarter despite recent China lockdowns that have exacerbated suppl...

Fisker is approaching start-of-production for its first model, the Ocean SUV, and believes that it has secured sufficient supply for a smooth ramp. Fisker is targeting attractive growth in production volume, of 50,000 units in 2023 and 150,000 units in 2024. Maintaining a more con...