As Tesla Stock Surges, Lucid Falls - 24/7 Wall St.

Published: November 8, 2024 7:10 am. 24/7 Wall St. Insights. Tesla Inc. (NASDAQ: TSLA) stock saw a post-election surge, but shares of smaller rival Lucid Group Inc. (NASDAQ: LCID) …

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Tesla And Other EV Stocks Drop On Reports Trump Team Plans To …

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19 hours ago · Shares of Tesla and other electric vehicle makers fell Thursday after a report President-elect Donald Trump and his transition team are planning to end a $7,500 EV tax credit.

investopedia.com

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Costco Just Paid Investors: Here's How Much They Received

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3 hours ago · 24/7 Wall St. Insights. Costco Wholesale Corp. ... The most recent was a whopping $15 a share at the end of 2023. ... End of Tax Credit Could Be End of Lucid. Alphabet (GOOG) …

247wallst.com

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Tesla, Rivian, And Lucid Stocks Are Fallling As Trump Plans To Kill ...

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20 hours ago · In just three months, EV buyers saved $600 million thanks to those credits, the Treasury Department said. Electric truck and SUV maker Rivian’s (RIVN) stock fell by more …

yahoo.com

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Exclusive: Trump's Transition Team Aims To Kill Biden EV Tax Credit

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23 hours ago · President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two …

reuters.com

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Lucid Forecasts Higher 2024 Capital Spend, Maintains Production ...

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May 6, 2024 · The company said it expects capital expenditure of $1.5 billion in 2024 as it prepares to start manufacturing its Gravity SUV later this year, up from $910.6 million last …

reuters.com

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Where Will Lucid Stock Be In 3 Years? | The Motley Fool

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May 5, 2024 · Lucid's stock opened at $25.24 on its first day, more than doubled to its all-time high of $55.52 four months later, but now trades at less than $3 a share. Let's see why Lucid's …

fool.com

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Electric-Vehicle Stocks Slide On Report Trump To End EV Tax Credit ...

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21 hours ago · Reuters reported that Trump's transition team had drawn up plans to end the $7,500 consumer tax credit for EV sales as part of broader tax legislation. Tesla stock dropped …

businessinsider.com

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Lucid Slightly Tops Wall Street’s Third-quarter Expectations Amid ...

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Nov 7, 2024 · Electric carmaker Lucid Group slightly beat Wall Street's third-quarter expectations. The company's net loss for the third quarter widened to $992.5 million compared to a loss of …

nbcwashington.com

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Where Will Lucid Be In 1 Year? - The Motley Fool

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1 day ago · While Lucid's adjusted loss per share of $0.28 was better than Wall Street's consensus estimate of $0.30, I think the company's widening losses are a red flag. Where …

fool.com

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This Company Is Headed For Bankruptcy - 24/7 Wall St.

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Jul 13, 2024 · And I think they could be totally bankrupt by the end of the year. One of the reasons I hate Lucid is that they sell cars for $80,000. It’s like, well, what we’ll do is we’ll take the high ...

247wallst.com

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Here Are The Odds Lucid Goes Bankrupt In The Next 5 Years

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Aug 31, 2024 · With $3.9 billion in cash, plus $1.5 billion from Saudi Arabia’s PIF, Lucid is secure for 18 months. However, long-term success hinges on halting its cash burn, despite recent …

247wallst.com

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Dividend King P&G Just Paid Investors: Here's How Much They Got

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1 hour ago · Since 2005, Procter & Gamble’s dividend has grown over 300%. The current dividend yield is 2.4%, a little better than the average yield of the consumer discretionary …

247wallst.com

FAQs about As Tesla Stock Surges, Lucid Falls - 24/7 Wall St. Coupon?

Will trump end the $7500 EV tax credit?

Reuters reported that Trump's transition team had drawn up plans to end the $7,500 consumer tax credit for EV sales as part of broader tax legislation. Tesla stock dropped by 5%, to $312.20 a share. Shares of Rivian plunged by 12%, to $10.57, and Lucid dropped by 3%, to $2.11 a share. ...

Will ending the tax credit hurt EV sales?

Tesla stock dropped by 5%, to $312.20 a share. Shares of Rivian plunged by 12%, to $10.57, and Lucid dropped by 3%, to $2.11 a share. Ending the tax credit — a key measure of President Joe Biden's 2022 Inflation Reduction Act — would likely hurt EV sales, but sources told Reuters that Tesla representatives supported ending the subsidy. ...

Did Trump's transition team plan to end EV tax credit?

Electric-vehicle stocks dropped on Thursday after a report said President-elect Donald Trump's transition team was looking at doing away with the EV tax credit. Reuters reported that Trump's transition team had drawn up plans to end the $7,500 consumer tax credit for EV sales as part of broader tax legislation. ...

Will trump end Biden's EV tax credit?

The Trump transition team did not comment on the fate of the EV tax credit but said in a statement that the president-elect would deliver on "promises he made on the campaign trail." Trump campaigned on ending Biden's "EV mandate," without spelling out specific targeted policies. ...

Will trump get rid of EV tax credit?

President-elect Donald Trump’s transition team is planning to get rid of the $7,500 tax credit for EV purchases as part of a broader tax shakeup, Reuters reports. If the credit is removed, the EV transition will likely be hit hard, as prices on numerous models will effectively increase. ...

Can lucid investors still see a big return?

Lucid investors could still see a big return, but probably not for a few more years. Lucid's Q1 report showed that the company is making progress. It also reminded us that big growth is still a long way off. ...