Lucid Group Inc
NASDAQ:LCID

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Lucid Group Inc
NASDAQ:LCID
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Price: 2.105 USD 3.69%
Market Cap: 6.3B USD
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Gross Margin
Lucid Group Inc

-132.4%
Current
-218%
Average
18.9%
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 6.1B USD
Gross Margin
-132%
Country US
Market Cap 1.1T USD
Gross Margin
18%
Country JP
Market Cap 35.2T JPY
Gross Margin
21%
Country CN
Market Cap 832.1B CNY
Gross Margin
19%
Country IT
Market Cap 79.3B 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 US
Market Cap 61.2B USD
Gross Margin
12%
Country DE
Market Cap 53.9B EUR
Gross Margin
21%
Country DE
Market Cap 51.3B EUR
Gross Margin
29%
Country US
Market Cap 45.3B USD
Gross Margin
8%
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Lucid Group Inc
Glance View

Market Cap
6.3B USD
Industry
Automobiles

Lucid Group Inc., a pioneer in the electric vehicle (EV) market, is making waves with its luxurious and innovative approach to sustainable transportation. Founded in 2007, this California-based manufacturer has carved a niche for itself by blending cutting-edge technology with high-end design. The company’s flagship model, the Lucid Air, has garnered widespread acclaim for its impressive range, rapid charging capabilities, and unparalleled performance, positioning itself as a direct competitor to established luxury automakers as well as other EV manufacturers. Lucid's commitment to sustainability is evident in its ambitious plans to produce vehicles that are not only eco-friendly but also redefine the driving experience, attracting a diverse clientele from eco-conscious consumers to tech enthusiasts seeking premium automotive solutions. As an investment opportunity, Lucid Group represents a compelling blend of promise and challenges in a rapidly evolving industry. With strong backing from institutional investors and significant partnerships within the tech and automotive sectors, Lucid is poised for growth as it expands its manufacturing capabilities and product offerings. However, the company operates in a competitive landscape, facing hurdles such as scaling production and navigating supply chain disruptions. Investors should consider the potential upside of being part of Lucid’s journey to lead the luxury electric vehicle market while remaining cognizant of the volatility characteristic of emerging tech-driven industries. With a robust vision for the future of transportation and a commitment to innovation, Lucid Group Inc. stands at the forefront of a significant shift in the automotive paradigm, promising to reshape how we think about electric vehicles.

LCID Intrinsic Value
2.36 USD
Undervaluation 11%
Intrinsic Value
Price

See Also

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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%.