LSL/USD Price & Performance (LSLUSD)

Lucid Motors aims to more than double its vehicle production in 2025, targeting 20,000 units compared to 9,000 in 2024. This ambitious goal comes as the company ramps up its electric SUV, the Gravity, which has seen strong demand. Lucid's leadership transition adds further intrigue to its growth trajectory.123

Lucid's CEO Peter Rawlinson has stepped down after 12 years, transitioning to a strategic advisory role. Marc Winterhoff takes over as interim CEO. Despite strong financial results and ambitious plans for 2025, the leadership change has led to stock volatility, reflecting investor concerns about the company's future.234

Lucid Motors achieved record vehicle deliveries in 2024, with 10,241 units sold, a 70% increase from the previous year. The company also reported $234.5 million in Q4 revenue. With $6.13 billion in liquidity, Lucid plans to expand production and launch new midsize EVs to compete directly with Tesla.345