Lucid Group Inc
NASDAQ:LCID

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Lucid Group Inc
NASDAQ:LCID
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Price: 3.18 USD -4.5% Market Closed
Market Cap: 9.6B USD
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Gross Margin
Lucid Group Inc

-132.4%
Current
-218%
Average
19%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
-132.4%
=
Gross Profit
-967.2m
/
Revenue
730.5m

Gross Margin Across Competitors

Country US
Market Cap 9.6B USD
Gross Margin
-132%
Country US
Market Cap 1.3T USD
Gross Margin
18%
Country JP
Market Cap 40.4T JPY
Gross Margin
21%
Country CN
Market Cap 783.1B CNY
Gross Margin
19%
Country IT
Market Cap 80B EUR
Gross Margin
50%
Country DE
Market Cap 75.3B EUR
Gross Margin
23%
Country DE
Market Cap 67.5B EUR
Gross Margin
23%
Country DE
Market Cap 55.8B EUR
Gross Margin
20%
Country DE
Market Cap 54.4B EUR
Gross Margin
29%
Country US
Market Cap 57.2B USD
Gross Margin
12%
Country DE
Market Cap 48.1B EUR
Gross Margin
17%
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Lucid Group Inc
Glance View

Market Cap
9.6B 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
2.14 USD
Overvaluation 33%
Intrinsic Value
Price
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
-132.4%
=
Gross Profit
-967.2m
/
Revenue
730.5m
What is the Gross Margin of Lucid Group Inc?

Based on Lucid Group Inc's most recent financial statements, the company has Gross Margin of -132.4%.