we set out to create a car that elevates the human experience and transcends the perceived limitations of space, performance, and intelligence. a car that is intuitive, liberating, and designed for all the ways people get around. we plan to lead in this new era of mobility by returning to the fundamentals of great design – where every decision we make is in service of the individual. because when you are no longer bound by convention, you are free to define your own path.
Company profile
Ticker
LCID
Exchange
Website
CEO
Peter Rawlinson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Toyota Motor • Ford Motor • General Motors • Paccar • Navistar International • XPeng • Li Auto • VinFast Auto • Tesla • Oshkosh ...
Former names
Annetta Acquisition Corp, Churchill Capital Corp IV
SEC CIK
Corporate docs
Subsidiaries
Atieva, Inc. • Lucid USA, Inc. • Lucid Group USA, Inc ...
IRS number
850891392
LCID stock data
Latest filings (excl ownership)
8-K
Cost Associated with Exit or Disposal Activities
24 May 24
SD
Conflict minerals disclosure
23 May 24
10-Q
2024 Q1
Quarterly report
6 May 24
8-K
Lucid Announces First Quarter 2024 Financial Results
6 May 24
DEFA14A
Additional proxy soliciting materials
25 Apr 24
DEF 14A
Definitive proxy
25 Apr 24
8-K
Lucid Announces Q1 Production & Deliveries, Sets Date for First Quarter 2024 Results
9 Apr 24
8-K
Entry into a Material Definitive Agreement
29 Mar 24
8-K
Entry into a Material Definitive Agreement
25 Mar 24
10-K
2023 FY
Annual report
27 Feb 24
Transcripts
LCID
Earnings call transcript
2024 Q1
6 May 24
LCID
Earnings call transcript
2023 Q4
21 Feb 24
LCID
Earnings call transcript
2023 Q3
7 Nov 23
LCID
Earnings call transcript
2023 Q2
7 Aug 23
LCID
Earnings call transcript
2023 Q2
7 Aug 23
LCID
Earnings call transcript
2023 Q1
8 May 23
LCID
Earnings call transcript
2022 Q4
22 Feb 23
LCID
Earnings call transcript
2022 Q3
8 Nov 22
LCID
Earnings call transcript
2022 Q2
4 Aug 22
LCID
Earnings call transcript
2022 Q1
6 May 22
Latest ownership filings
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 2.17 bn | 2.17 bn | 2.17 bn | 2.17 bn | 2.17 bn | 2.17 bn |
Cash burn (monthly) | (no burn) | (no burn) | 243.31 mm | 254.78 mm | 172.25 mm | 183.77 mm |
Cash used (since last report) | n/a | n/a | 502.40 mm | 526.09 mm | 355.68 mm | 379.47 mm |
Cash remaining | n/a | n/a | 1.67 bn | 1.64 bn | 1.81 bn | 1.79 bn |
Runway (months of cash) | n/a | n/a | 6.9 | 6.5 | 10.5 | 9.7 |
Institutional ownership, Q1 2024
13F holders | Current |
---|---|
Total holders | 437 |
Opened positions | 141 |
Closed positions | 101 |
Increased positions | 104 |
Reduced positions | 91 |
13F shares | Current |
---|---|
Total value | 4.71 tn |
Total shares | 3.39 bn |
Total puts | 88.57 mm |
Total calls | 16.26 mm |
Total put/call ratio | 5.4 |
Largest owners | Shares | Value |
---|---|---|
Ayar Third Investment | 1.65 bn | $0.00 |
Public Investment Fund | 1.37 bn | $3.92 tn |
Churchill Sponsor IV | 96.10 mm | $3.66 bn |
Vanguard | 83.74 mm | $238.66 bn |
BLK Blackrock | 40.84 mm | $116.38 bn |
MS Morgan Stanley | 17.43 mm | $49.67 bn |
STT State Street | 15.19 mm | $43.30 bn |
Geode Capital Management | 14.90 mm | $42.47 bn |
First Trust Advisors | 9.31 mm | $26.53 bn |
Mirae Asset Global Investments | 9.17 mm | $67.65 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
24 Apr 24 | Chabi Nouri | Class A Common Stock | Payment of exercise | Dispose F | No | No | 2.52 | 2,344 | 5.91 k | 46,043 |
24 Apr 24 | Turqi A. Alnowaiser | Class A Common Stock | Payment of exercise | Dispose F | No | No | 2.52 | 4,432 | 11.17 k | 2,117,804 |
9 Apr 24 | Dhingra Gagan | Class A Common Stock | Payment of exercise | Dispose F | No | No | 2.64 | 13,596 | 35.89 k | 357,852 |
9 Apr 24 | Dhingra Gagan | Class A Common Stock | Grant | Acquire A | No | No | 0 | 76,306 | 0.00 | 371,448 |
9 Apr 24 | Eric Bach | Class A Common Stock | Payment of exercise | Dispose F | No | No | 2.64 | 65,873 | 173.90 k | 2,183,031 |
9 Apr 24 | Eric Bach | Class A Common Stock | Grant | Acquire A | No | No | 0 | 343,380 | 0.00 | 2,248,904 |
9 Apr 24 | Bell Michael | Class A Common Stock | Payment of exercise | Dispose F | No | No | 2.64 | 24,838 | 65.57 k | 1,414,471 |
9 Apr 24 | Bell Michael | Class A Common Stock | Grant | Acquire A | No | No | 0 | 137,352 | 0.00 | 1,439,309 |
News
Tesla Fires Back At Hostile Proxy Advisory Firms, Rivian's 'Messy' Q2 Warning, Faraday Future Stock Deflates And More: Biggest EV Stories Of The Week
1 Jun 24
Can Lucid Power Hyundai's Future? A Korean-American Tie-Up Is Reportedly In The Works
30 May 24
Lucid CEO Peter Rawlinson Thinks Elon Musk's Tesla Seems 'Distracted' And 'Kind Of Losing Its Way' — Says It Used To Have 'The Cutting Edge' During His 3-Year Stint
29 May 24
Tesla China's Steep Model Y Output Cut, Lucid Wields The Ax, Ford Rumored To Ease Dealer Requirements For EV Sales And More: Biggest EV Stories Of The Week
25 May 24
Lucid Stock Gains 3% Premarket After EV Maker Announces 6% Workforce Reduction, Cutting 400 Jobs To Lower Costs
24 May 24
Press releases
Lucid Announces First Quarter 2024 Financial Results
6 May 24
Middle East's $9 Billion EV Opportunity Reaffirms Potential In These Stocks
1 May 24
Global Retail Giant Enhances Warehouse Efficiency with Vuzix (VUZI) Smart Glasses Rollout
24 Apr 24
4 Stocks with Exposure to the Growing Asian and Middle Eastern EV Markets (VVPR, VFS, NWTN, LCID)
1 Apr 24
Lucid Group, Inc. Announces Investment of $1.0 Billion by an Affiliate of PIF
25 Mar 24