Electric vehicle (EV) maker Lucid Group Inc. (NASDAQ: LCID) will have a 1-for-10 reverse stock split, which will take shares ...

Lucid has substantially tempered its manufacturing ambitions, revising its annual production target downward to between 18,000 and 20,000 vehicles. This adjustment follows disappointing second-quarter ...

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.