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Lucid Shares Drop 80%

Lucid stock is down 80% over in five years. The EV maker cannot overcome its problems of too much competition and cars that ...
In EV, Battery and charging news are Maxell, Lucid, Uppsala U and EVgo.
The company's latest quarterly results, released on August 6, presented sobering financial metrics. Revenue totaled just $0.4 million, significantly below the $0.54 million analysts had anticipated.