Meta Platforms (NASDAQ: FB) and Spotify (NYSE: SPOT) are two timely examples. Motley Fool analyst Tim Beyers analyzes both companies and discusses the very public roles that CEOs Mark Zuckerberg and Daniel Ek are taking as their companies deal with varying challenges. Plus, Motley Fool analyst Dylan Lewis and Motley Fool contributor Brian Feroldi do a deep dive on Digitalocean, a cloud company some are comparing to a young Shopify. Read More...
Reuters
Lucid cuts 2022 production goal, shares slide
Luxury electric car maker Lucid Group on Monday revised down its production forecast for this year due to “extraordinary supply chain and logistics challenges,” knocking its shares down 14%. Electric vehicle startups like Rivian Automotive and Lordstown Motors, which have raised money in public listings, have fallen short of their own production targets. In late October, Lucid started deliveries of its $169,000 Lucid Air premium electric sedans, which have an estimated driving range of 520 miles (835 km) per change, a longer range than rival Tesla.
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