Lucid Group, Inc.
Lucid began as Atieva in 2007, a battery and powertrain technology firm supplying systems to Formula E and other electric programs. A 2016 pivot to building its own luxury car, accompanied by the Lucid Motors rebrand under former Tesla chief engineer Peter Rawlinson, set the company on a long road to production.
Lucid Motors's Q1 2026 delivered $282M in revenue — up 20.2% versus the same quarter a year ago. Net margin held at -364.1%. Shares currently trade at EV/EBITDA of -2.1. Analyst consensus leans hold (3.17/5).
Lucid began as Atieva in 2007, a battery and powertrain technology firm supplying systems to Formula E and other electric programs. A 2016 pivot to building its own luxury car, accompanied by the Lucid Motors rebrand under former Tesla chief engineer Peter Rawlinson, set the company on a long road to production.