NasdaqGS:LCIDAuto
The Bull Case For Lucid Group (LCID) Could Change Following Leadership Shakeup and Nvidia Partnership
Earlier this month, Lucid Group completed an US$875 million convertible senior notes offering due 2031, announced major executive changes including the departure of its Chief Engineer, and reported third-quarter revenue of US$336.58 million with a net loss of US$978.43 million.
The company also revealed a collaboration with Nvidia on Level 4 autonomous driving technology and noted a bolstered liquidity position of US$5.5 billion, signaling a focus on both product innovation and operational...