Lucid Group Inc Stock News

Lucid (LCID -6.28%) stock is moving lower in Thursday's trading. The electric vehicle (EV) specialist's share price was down 4% as of 2:30 p.m.

High-end electric vehicle (EV) maker Lucid Group's (LCID 2.06%) stock didn't notch any new highs in May. In fact, it ended up falling in the month, skidding to more than an 11% loss despite publishing a quarterly earnings report that cheered not a few investors.

Agreement involves Natural Graphite Material; complements existing 2024 agreement covering Synthetic Anode Active Materials Follows Graphite One's listing on U.S. Federal Fast-41 Permitting Dashboard and completion of its NI 43-101 compliant Feasibility Study funded by a $37.3 million Department of Defense award under the Defense Production Act Graphite One CEO, Anthony Huston: "This Agreement ...

NEWARK, Calif. , June 4, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced the signing of a multi-year supply agreement with Graphite One for American-sourced natural graphite, further strengthening the company's supply chain for American raw materials and resources.

Tesla's immense success opened the door for other electric vehicle companies. Among them is Lucid Group (LCID -0.46%), a high-end brand whose first model, the Lucid Air, garnered critical acclaim across the automotive space.

Lucid Group Inc. (NASDAQ: LCID) is a luxury EV maker with significant backing from the Saudi government.

Lucid Group (LCID -7.68%) makes some of the best-looking electric vehicles in the U.S. They've won accolades from automotive publications, and offer some of the EV world's longest battery ranges.

Regardless of its status as an electric vehicle (EV) player, Lucid Group (LCID -7.68%) is still just a car stock, and car stocks do not make investors fortunes. Tesla has been a rare exception, but we're talking about the rarest of the rare.