Lucid Group Inc
NASDAQ:LCID

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Lucid Group Inc
NASDAQ:LCID
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Price: 3.02 USD 14.83% Market Closed
Market Cap: 9.1B USD
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Lucid Group Inc
Gross Profit

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Lucid Group Inc
Gross Profit Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Gross Profit CAGR 3Y CAGR 5Y CAGR 10Y
Lucid Group Inc
NASDAQ:LCID
Gross Profit
-$1.3B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
General Motors Co
NYSE:GM
Gross Profit
$22.3B
CAGR 3-Years
3%
CAGR 5-Years
8%
CAGR 10-Years
5%
Thor Industries Inc
NYSE:THO
Gross Profit
$1.4B
CAGR 3-Years
-14%
CAGR 5-Years
5%
CAGR 10-Years
11%
Ford Motor Co
NYSE:F
Gross Profit
$14B
CAGR 3-Years
1%
CAGR 5-Years
1%
CAGR 10-Years
-5%
Rivian Automotive Inc
NASDAQ:RIVN
Gross Profit
-$1.7B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Tesla Inc
NASDAQ:TSLA
Gross Profit
$17.7B
CAGR 3-Years
18%
CAGR 5-Years
34%
CAGR 10-Years
37%
No Stocks Found

Lucid Group Inc
Glance View

Market Cap
9.1B USD
Industry
Automobiles

Lucid Group Inc. is carving a niche within the burgeoning electric vehicle (EV) market by focusing on luxury and performance. Founded with a vision to redefine the luxury electric experience, the company has developed its flagship sedan, the Lucid Air, which has received praise for its impressive range, elegant aesthetics, and cutting-edge technology. The core of Lucid's operation revolves around its vertically integrated model, meaning it controls most aspects of production, from design to manufacturing, under one roof. This control allows Lucid to ensure high quality and efficiency, key factors as it positions itself as a premium alternative to industry giants like Tesla. The company's strategy emphasizes innovation, evident in its advanced battery technology and powertrain systems, which contribute not only to the vehicle's superior performance but also to its sustainability credentials. Lucid generates its revenue primarily through the direct sale of its vehicles, and has expanded its offerings with different trims and customization options to cater to a diverse market. Unlike some traditional automakers that rely heavily on dealerships, Lucid takes a direct-to-consumer approach, similar to the model popularized by Tesla. This allows for a more personalized customer experience and greater control over the sales process. In addition, the company is expanding its network of showrooms and service centers to reinforce customer engagement and support. Lucid is also tapping into additional revenue streams through potential future offerings in energy storage solutions and other emerging tech-driven services, leveraging its core technological competencies. As the EV landscape continues to evolve, Lucid Group Inc. aims to accelerate its growth by broadening its product lineup and scaling its production capabilities to meet increasing global demand.

LCID Intrinsic Value
2.3 USD
Overvaluation 24%
Intrinsic Value
Price

See Also

What is Lucid Group Inc's Gross Profit?
Gross Profit
-1.3B USD

Based on the financial report for Dec 31, 2023, Lucid Group Inc's Gross Profit amounts to -1.3B USD.

What is Lucid Group Inc's Gross Profit growth rate?
Gross Profit CAGR 1Y
-29%

Over the last year, the Gross Profit growth was -29%.

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