Lucid Group Inc. (NASDAQ: LCID): Managing Market Pressures and Financial Challenges
On February 25, 2025, Lucid Group Inc (LCID, Financial), a pioneer in the electric vehicle (EV) market, filed its 10-K with the SEC, showing a financial picture characterized by aggressive expansion and technical innovation. Despite posting financial losses of $2.7 billion in 2024, the business has made tremendous progress in the EV industry with the…