Yahoo Finance

Lucid stock pops on Q4 results, announces CEO transition

Lucid (LCID) released fourth-quarter earnings Tuesday afternoon, surpassing analyst expectations. The luxury electric vehicle maker reported revenue of $234.5 million, significantly outpacing the anticipated $212 million. The auto company also managed to post a narrower-than-expected adjusted loss of $0.22 per share, better than the expected $0.25 per share loss. Yahoo Finance Senior Autos Reporter Pras Subramanian analyzes the company's results and examines the leadership transition as COO Marc Winterhoff assumes the role of interim CEO. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Angel Smith