Lucid Group, Inc. (NASDAQ:LCID) shares are trading lower Monday after Telsa, Inc. (NASDAQ:TSLA) and other EV-makers announced new rounds of price cuts.
The Details:
Tesla and Li Auto, Inc. (NASDAQ:LI) are among the major EV-makers to announce more price cuts in the past several days. Li Auto announced on Monday that it has cut prices by approximately 5% on its L7, Li L8, Li L9, and Li MEGA models and will offer cash refunds to owners who purchased the vehicles earlier in the year.
Last week, Lucid revealed new details about the 2024 Lucid Air Grand Touring, including an EPA-estimated range of 516 miles, the longest range of any EV in the U.S. market currently, and a starting price of $109,900.
Citigroup analyst Itay Michaeli reinstated Lucid with a Neutral rating and a price target of $2.90 on Monday.
Lucid Group is set to announce its first-quarter financial results after the market close on May 6. According to estimates from Benzinga Pro, analysts expect the company to report losses of 26 cents per share and quarterly revenue of $155.986 million.
LCID Price Action: According to Benzinga Pro, Lucid Group shares are down 4.69% at $2.33 at the time of publication Monday.
在特斯拉公司（納斯達克股票代碼：TSLA）和其他電動汽車製造商宣佈新一輪降價後，Lucid集團公司（納斯達克股票代碼：LCID）股價週一走低。
細節：
特斯拉和理想汽車公司（納斯達克股票代碼：LI）是過去幾天宣佈進一步降價的主要電動汽車製造商之一。理想汽車週一宣佈，已將其L7、Li L8、Li L9和Li MEGA車型的價格下調了約5％，並將向今年早些時候購買這些汽車的車主提供現金退款。
上週，Lucid公佈了有關2024年Lucid Air Grand Touring的新細節，包括美國環保局估計的續航里程爲516英里，是目前美國市場上所有電動汽車中最長的續航里程，起價爲109,900美元。
花旗集團分析師伊泰·邁克利週一恢復了Lucid的中性評級，目標股價爲2.90美元。
Lucid集團將在5月6日收盤後公佈其第一季度財務業績。根據Benzinga Pro的估計，分析師預計該公司將報告每股虧損26美分，季度收入爲1.55986億美元。
LCID價格走勢：根據Benzinga Pro的數據，Lucid集團股價在週一發佈時下跌4.69％，至2.33美元。
