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2024-05-10 12:27:58 ET More on ZEEKR Zeekr Steps On IPO Accelerator As Its Prospects Run Low On Fuel ZEEKR Intelligent Technology prices $441M initial offering at $21 per ADS Chinese EV maker Zeeker reportedly priced its IPO at a valuation of $5.1B Financial ...
Cheap electric cars manufactured in China could make it difficult for U.S. carmakers to compete in markets outside the United States. Thanks to the 27.5% tariff levied on Chinese electric cars when they enter U.S. ports, China's quickly expanding electric-vehicle industry has been unable to e...
2024-05-09 15:58:25 ET More on ZEEKR Zeekr Steps On IPO Accelerator As Its Prospects Run Low On Fuel Meet Zeekr: The Chinese EV maker looking to put a charge back into the IPO market IPO Roundup: ZEEKR, Proficient Auto Logistics, and more Financial informatio...
2024-05-08 16:39:00 ET Fool.com contributor Parkev Tatevosian reviews Lucid (NASDAQ: LCID) and its latest quarterly earnings report and answers if investors should buy the EV stock today. *Stock prices used were the afternoon prices of May 6, 2024. The video was published on M...
2024-05-07 17:00:03 ET Stephen Gengaro from Stifel Nicolaus issued a price target of $4.00 for LCID on 2024-05-07 15:13:00. The adjusted price target was set to $4.00. At the time of the announcement, LCID was trading at $2.62. The overall price target consensus is at $1...
2024-05-07 16:36:37 ET More on Rivian Rivian: Earnings Preview And The Financial Metric I'll Be Watching Eyes On Apple, Uber, Disney, Rivian And Coupang Rivian: Broken Growth Story In A Bottomless Pit Rivian Non-GAAP EPS of -$1.24 misses by $0.08, revenue of ...
2024-05-07 15:21:00 ET Shares of Lucid Group (NASDAQ: LCID) , the maker of luxury Air electric vehicles (EVs), disappointed investors again on Tuesday with another underwhelming earnings report. As of 1:45 p.m. ET, the stock was down 13.4%. Image source: Lucid. Continu...
2024-05-07 11:56:20 ET Summary Global electric car sales March 2024 up 3% YoY to 13% share. China sales up 29% to 43% share. Europe up 10% to 20% share. USA up 19% to 9.39% share. EV market news - EVs dominate the Beijing Auto Show 2024. IEA report: More than 1 in 5 cars sold glob...
2024-05-07 11:21:01 ET Summary Lucid Motors reported disappointing financial results, with a quarterly revenue miss and an operating loss of nearly $730 million. The company's cash burn remains a major problem, despite another recent capital raise. Lucid's valuation is still t...
2024-05-07 08:31:00 ET More on pre-market losers & stocks. Bilibili Stock Downgraded To Sell After Assessing Q4 Earnings Bilibili Inc. (BILI) Q4 2023 Earnings Call Transcript Bilibili Inc. 2023 Q4 - Results - Earnings Call Presentation Bilibili reiterated...
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2024-07-21 14:24:00 ET At first glance you might think Lucid (NASDAQ: LCID) is faring pretty well. After all, the start-up electric vehicle (EV) maker recently raised $1 billion from Saudi Arabia's Public Investment Fund (PIF), exceeded expectations in second-quarter deliveries with...
2024-07-20 18:06:00 ET The transition to battery-powered vehicles is well under way, with prominent automotive stalwarts shifting production and resources to making electric vehicles, and small EV start-ups developing their own models. Despite this focus, EV stocks have been volatile ov...
2024-07-18 15:52:34 ET Electric vehicle (EV) manufacturer Lucid Group (NASDAQ: LCID) has released a string of good news so far in July. But the EV start-up's stock has been tanking this week. As of late trading Thursday, Lucid shares were lower by 16.7% for the week, according to da...