Sheryar Siddiq
Sat, November 29, 2025 astatine 12:08 PM CST 2 min read
Lucid Group Inc. (NASDAQ:LCID) intends to usage the proceeds for wide firm operations and to bargain backmost a important information of its 1.25% 2026 notes, which person a main of astir $756 cardinal for astir $752 cardinal successful cash.
In addition, Lucid Group Inc. (NASDAQ:LCID) announced that its gross for the 3rd 4th of 2025 accrued by a notable 68% year-over-year to $337 million. The institution besides shipped 4,078 vehicles, a 47% summation implicit the erstwhile year. Despite gross increases, Lucid’s adjusted EBITDA turned retired to beryllium $718 cardinal loss.
Lucid Group Inc. (NASDAQ:LCID) is an electrical conveyance shaper specializing successful luxury electrical cars. The institution is celebrated for its high-performance vehicles with precocious artillery technology.
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READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.
Disclosure: None. This nonfiction is primitively published at Insider Monkey.

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