Lucid Motors (LCID)

Learn everything you need to know about Lucid Motors and find links to beginner-friendly guides that show you the best way to invest in it.
Updated: Feb 27, 2023

About Lucid Motors

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What is Lucid Motors?

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Lucid Motors is an American company that designs, manufactures, and sells electric vehicles. Founded in 2007 under the name Atieva, the company was originally in the business of producing batteries for EVs before moving into developing luxury EVs from its manufacturing plant in Arizona.

Lucid is headquartered in Newark, California and received significant financial backing from Saudi Arabia’s Public Investment Fund, which invested over $1 billion into the company in 2018.

How does Lucid Motors make money?

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It makes most of its money by selling electric vehicles from its fleet of four models, including the Air Grand Touring, Air Touring, Air Pure, and Air Saphire.

Lucid also generates revenue from the energy side of its business. This includes charging infrastructure such as charging stations, battery storage systems, and energy storage.

What is Lucid Motor’s best selling product?

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The Lucid Air sedan is the company’s best selling product, selling 4369 in 2022. The company has over 34,000 orders for its cars; however, logistics issues have resulted in manufacturing being slower than anticipated. The company also has an agreement with Saudi Arabia to buy 100,000 of its vehicles over the next ten years.

Who are the key executives at Lucid Motors?

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Here’s a list of the executive team at Lucid Motors.

  • Peter Dore Rawlinson. Chief Executive Officer
  • Sherry House CPA. Chief Financial Officer
  • Eric Bach. Sr. VP of Product & Chief Engineer
  • Michael Bell. Sr. VP of Digital
  • Steven David. Sr. VP of Operations
  • Gagan Dhingra. VP of Accounting & Internal Controls and Principal Accounting Officer
  • Maynard Joseph Um. Head of Investor Relations
  • Jonathan Butler. Sr. VP, Gen. Counsel & Sec
  • Jeff CurryJ. VP of Marketing & Communications
  • Zak Edson. VP of Sales & Service

Where can I buy shares in Lucid Motors?

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You can buy Lucid Motors stock on a stock trading platform. These platforms are extremely simple to use but there are different options to suit your specific needs. If you are a first-time investor you might want to use a trading platform for beginners, while if you plan on doing a lot of trading from your phone, a stock trading app might be best.

Are there any other ways to invest in Lucid Motors?

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The simplest way to invest in Lucid Motors is to buy shares through a stock broker. However, you can also invest through an ETF or a fund. The best ETFs allow you to invest in the stock market more generally rather than focus on one company.

Lucid Motors is part of the Nasdaq index, so you can invest in an ETF that tracks that index, or choose a electric vehicle ETF that lets you own a basket of related stocks from the same industry.

More about the LCID price

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What is the Lucid Motors stock price today?

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The LCID stock price today is currently $8.51, as of 27 February, 2023. The price of Lucid Motors is down 66.52% in the past 52 weeks. You can use the live Lucid Motors stock chart to track the NASDAQ:LCID price in real time above, or compare the Lucid Motors value today to its past performance using the Lucid Motors financials tab at the top of this page.

What is the 52-week low for Lucid Motors stock?

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The 52-week low for Lucid Motors stock is $6.09. LCID stock is currently 40.12% above the 52-week low.

What is the 52-week high for Lucid Motors stock?

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The 52-week high for Lucid Motors stock is $29.05. LCID stock is currently 70.18% below the 52-week high.

What is the stock forecast for Lucid Motors?

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The average Lucid Motors stock forecast has a price target of $41.20 by the end of 2023. Lucid Motors’s latest financial results, the broader economic outlook, and the industry’s competition all influence these forecasts.

It’s best to take analyst forecasts with a grain of salt but you can use their estimates to help you understand the weight of opinion about a stock. Read our latest Lucid Motors price forecast for more analysis and guidance.

More stock guides

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How much is Lucid Motors worth?
When did LCID stock go public?
Who owns the most shares in Lucid Motors?
Who are Lucid Motors’ biggest competitors?
Has LCID stock split?
When are Lucid Motors’ earnings?
Does Lucid Motors pay a dividend?

Latest Lucid Motors news

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Recent Lucid Motors’ analysis

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Sources & references
Risk disclaimer
Prash Raval
Financial Writer
When not researching stocks or trading, Prash can be found either on the golf course, walking his dog or teaching his son how to kick a… read more.