Lucid

Lucid Group faces challenges amid stock market fluctuations, with Principal Financial Group reducing its position by 11.3%. Investors like Newbridge Financial Services and Yousif Capital Management show cautious optimism in Lucid’s EV innovation. The company’s stock fluctuates between a 52-week low of

Lucid Group’s stock declined by 0.7%, closing at $2.09, reflecting market volatility within the electric vehicle sector. Financial analysts offer mixed views, balancing cautious optimism and skepticism regarding Lucid’s future prospects. Notable evaluations include Stifel Nicolaus reducing the price target to $3.00

Wedbush Securities adds Tesla to their Best Ideas List, spurred by promising innovation cycles. Tesla plans to introduce EVs under $35,000, potentially boosting global demand. Key focus is on autonomy, with Full Self-Driving (FSD) technology debuting in Austin this June. Tesla aims

Rivian Automotive appoints Sreela Venkataratnam as Chief Accounting Officer, bolstering its expertise in financial strategy. Venkataratnam brings over 25 years of experience, notably from Tesla, where she managed global expansions and business operations. Her leadership reflects Rivian’s commitment to innovative and environmentally