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Lucid Motors' Stock Plummets as Q4 EV Deliveries Disappoint

1 min read
Source: Yahoo Finance
Lucid Motors' Stock Plummets as Q4 EV Deliveries Disappoint
Photo: Yahoo Finance
TL;DR

Lucid, Fisker, and QuantumScape stocks dropped due to reports of higher-than-expected inflation, a shift of investor funds towards cryptocurrencies, and away from stocks. Lucid's stock declined after it delivered more electric cars than it sold, indicating weak demand. Fisker aims to boost enthusiasm by hosting a large owner meetup, while QuantumScape, Fisker, and Lucid face challenges amid significant cash burn rates.

Topics:businessfinance#electric-vehicles#finance#fisker#lucid-group#quantumscape#stocks
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  1. Why Lucid, Fisker, and QuantumScape Stocks Dropped Today  Yahoo Finance
  2. Lucid (LCID) stock sinks to new low after Q4 EV deliveries fall YOY  Electrek
  3. Lucid Motors sold just 6,001 cars in 2023  TechCrunch
  4. Lucid's Quarterly EV Deliveries Beat Estimates to Cap Volatile Year  Yahoo Finance
  5. Lucid (NASDAQ:LCID) Plummets on Q4 Delivery Results - TipRanks.com  TipRanks

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