When was Lucid founded?

Lucid was founded in 2007 and raised its 1st funding round 2 years after it was founded.

Where is Lucid located?

Lucid is headquartered in Newark, United States.

How many employees does Lucid have?

As of Apr 30, 2026, the latest employee count at Lucid is 7866.

Is Lucid a funded company?

Lucid is a funded company, having raised a total of $1.13B across 10 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Dec 17, 2009.

When was the latest funding round of Lucid?

Lucid's latest funding was a $***** Post IPO round on Apr 14, 2026, with participation from 2 investors.

What is the annual revenue of Lucid?

Annual revenue of Lucid is $1.35B as on Dec 31, 2025.

Where does Lucid rank among its competitors?

Lucid ranks 3rd amongst 806 active competitors, of which 61 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Faraday Future, which secured $45M in Apr, 2026.

Who are the top competitors of Lucid?

Lucid's top competitors include Tesla, Polestar and BYD. Among them, Faraday Future secured the most recent funding round in April, 2026.

Lucid - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Manufacturer of electric vehicles and related technologies for consumer markets. The company designs, engineers, and assembles electric vehicles. It offers various models with different range capabilities and features. The company also provides related services, including financing options and vehicle accessories.

Website: lucidmotors.com
Social
Phone Number: +1 **********

Key Metrics

Founded Year

2007

Location

Newark, United States

Stage

Public

Total Funding

$1.13B in 10 rounds

Latest Funding Round

Post IPO, Apr 14, 2026, $*****

Investors

Venrock & 18 more

Ranked

3^rd among 806 active competitors

Annual Revenue

$1.35B as on Dec 31, 2025

Employee Count

7,866 as on Apr 30, 2026

Similar Companies

Tesla & 432 more

Exit Details

Public

View Lucid's full profile

Lucid is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
LUCID GROUP, INC. CIN: 0001811210 , United States, Active	Jan 01, 2007	$595M (As on Dec 31, 2023)	-	-
Lucid Group, Inc CIN: 85-0891392 , United States, Active	Jan 01, 2007	-	6500 (As on Dec 31, 2023)	-
CHURCHILL CAPITAL CORP IV CIN: 1811210 , United States, Active	Apr 11, 2000	$1.35B (As on Dec 31, 2025)	-	-

Lucid got listed on Sep 18, 2020.

Click here to take a look at Lucid's IPO in detail

Lucid has raised a total funding of $1.13B over 10 rounds. Its first funding round was on Dec 17, 2009. Its latest funding round was a Post IPO round on Apr 14, 2026 for $*****. 2 investors participated in its latest round. Lucid has 19 institutional investors.

Here is the list of recent funding rounds of Lucid:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 14, 2026	6275355	Post IPO	2117687	2270277	4948838	8064518
Nov 12, 2025	7660085	Post IPO	3361643	1269879	6812089	5032210
Sep 04, 2025	6686952	Post IPO	8690717	5872586	1535044	Uber

Access funding benchmarks and valuations. Sign up today!

View details of Lucid's funding rounds and investors

The founders of Lucid is Sam Weng. Peter Rawlinson and Bernard Tse are the CEOs of Lucid.

Here are the details of Lucid's key team members:

Sam Weng: Co-Founder of Lucid and founder of 1 other company.
Bernard Tse: CEO of Lucid.

View details of Lucid's Founder profiles and Board Members

Lucid's employee count trend

Lucid has 7,866 employees as of Apr 26. Here is Lucid's employee count trend over the years:

Uncover Lucid's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Lucid include Tesla, Polestar and BYD. Here is the list of Top 10 competitors of Lucid, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Tesla 2003, Austin (United States), Public	Electric vehicle and clean energy solutions provider	$408M	Valor Equity Partners, Mercedes-Benz & 71 others	88/100
2nd	Polestar 1996, Torslanda (Sweden), Public	Manufacturer of electric cars	$550M	Feathertopfunding, HSBC & 16 others	78/100
3rd	Lucid 2007, Newark (United States), Public	Manufacturer of electric vehicles and related technologies for consumer markets	$1.13B	Black Capital Investments, Robeco & 17 others	78/100
4th	BYD 1994, Shenzhen (China), Public	Manufacturer of electric cars, sedans, SUVs, batteries, and rail transit	-	Berkshire Hathaway, Samsung & 14 others	74/100
5th	Fisker 2007, Los Angeles (United States), Public	Manufacturer of electric cars	$1.11B	Caterpillar, Apollo Global Management & 15 others	72/100
6th	Xiaopeng 2014, Guangzhou (China), Public	Manufacturer of electric vehicles, AI technology, AI automotive, and AI robots	$2.65B	Foxconn Electronics, 5Y Capital & 40 others	72/100
7th	Beijing Che Lixing Information Technology 2015, Beijing (China), Public	Manufacturer of electric vehicles and related automotive products and services	$1.58B	Meituan, Plum Ventures & 14 others	71/100
8th	Segway-Ninebot 2012, Beijing (China), Series C	Manufacturer of multi-category electric vehicles	$240M	Sequoia Capital China, SDIC Innovation & 6 others	66/100
9th	Aptera Motors 2005, Carlsbad (United States), Public	Developer of solar electric vehicles designed for efficient energy use	$83.4M	Google, California Energy Commission & 8 others	66/100
10th	Faraday Future 2014, Los Angeles (United States), Public	Manufacturer of electric cars	$3.21B	Informa, Evergrande & 14 others	63/100