Key Points
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Lucid Group (NASDAQ: LCID) continues to incur substantial losses as it aims to establish itself in the electric vehicle (EV) market, recently diluting investor shares through new offerings to Saudi Arabia’s Public Investment Fund.
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Plug Power (NASDAQ: PLUG) reported a Q3 revenue of $177 million and a net loss of approximately $361 million, while its backlog declined by 11%, raising concerns about potential future revenue declines.
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Boeing (NYSE: BA) posted Q3 sales of $23.3 billion, a 28% increase year-over-year, but still faced an operating loss of $5.05 billion amid a total debt of $53.4 billion, complicating its recovery efforts.
Investors should note the ongoing financial challenges faced by these companies, as well as potential dilution risks and concerns surrounding future growth.
