Lucid Group
stock has skidded 37% in the thirty day period due to the fact the electrical-auto maker reported that its get backlog shrank in the September quarter. So investors will be laser-targeted on irrespective of whether Lucid’s get book shrinks all over again in the present quarter.
At a the latest inventory price tag of $8.70, buyers price Lucid (ticker: LCID) at $16.5 billion, like $2 billion in personal debt. Analysts surveyed by VisibleAlpha.com estimate that the company is probably to melt away through $3.4 billion cash while making its purpose of 7,000 cars this 12 months.
Lucid Group
stock has skidded 37% in the thirty day period due to the fact the electrical-auto maker reported that its get backlog shrank in the September quarter. So investors will be laser-targeted on irrespective of whether Lucid’s get book shrinks all over again in the present quarter.
At a the latest inventory price tag of $8.70, buyers price Lucid (ticker: LCID) at $16.5 billion, like $2 billion in personal debt. Analysts surveyed by VisibleAlpha.com estimate that the company is probably to melt away through $3.4 billion cash while making its purpose of 7,000 cars this 12 months.
