Gary Black Says Price War By BYD Threatens Tesla — Dismisses Elon Musk's Comeback As 'Non-Event'
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 27 2025
0mins
Source: Benzinga
Tesla's Stock Outlook: Gary Black, Managing Partner of The Future Fund, predicts a challenging week for Tesla shares due to price cuts by Chinese competitor BYD, which may trigger a price war in the EV market. He expresses skepticism about Tesla's delivery trajectory and upcoming low-cost EV plans.
Market Reactions and Analyst Opinions: Despite Elon Musk's return as CEO leading to a stock rally, analysts like Dan Ives remain optimistic about Tesla's future, while others, including Ross Gerber, question the company's robotaxi promises and overall valuation amidst declining stock performance.
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Analyst Views on LCID
Wall Street analysts forecast LCID stock price to rise
6 Analyst Rating
1 Buy
4 Hold
1 Sell
Hold
Current: 5.200
Low
10.00
Averages
17.00
High
30.00
Current: 5.200
Low
10.00
Averages
17.00
High
30.00
About LCID
Lucid Group, Inc. is a technology company, which designs, engineers, and manufactures electric vehicles (EVs), EV powertrains, and battery systems in-house using its equipment and factories. It sells vehicles directly to consumers through its retail sales network and through online channels. Its vehicles include Lucid Air and Lucid Gravity. Lucid Air is an advanced sedan, featuring powertrain technology. It offers 420 miles of Environmental Protection Agency (EPA)-estimated range, with an 84-kWh battery pack. The Lucid Air Sapphire is the highest-performance version of the Lucid Air, boasting 1,234 horsepower from three motors, 427 miles of an EPA-estimated range. The Lucid Gravity provides the interior space and practicality of a full-size sport utility vehicle (SUV) within the exterior footprint of a mid-size SUV. It provides space for up to seven adults. It has engineered the Lucid Gravity Grand Touring to deliver up to 450 miles of EPA-estimated range.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Lucid Group Securities Fraud Class Action Reminder
- Lawsuit Background: Wolf Haldenstein LLP reminds investors of a securities fraud class action filed on behalf of Lucid Group (NASDAQ: LCID) shareholders who purchased shares between February 25, 2026, and April 13, 2026, with a lead plaintiff deadline of July 28, 2026.
- Allegations: The lawsuit centers on disclosures regarding Lucid's production disruptions, delivery shortfalls, and financial underperformance, which allegedly harmed investors when the market became aware of these issues, leading to significant declines in stock price.
- Investor Rights: Investors who bought Lucid shares during the class period and suffered losses may be eligible to participate in the case, with the lead plaintiff application deadline set for July 28, 2026, urging timely action to protect their rights.
- Law Firm Expertise: Founded in 1888, Wolf Haldenstein LLP boasts over 125 years of experience in securities litigation, dedicated to seeking justice for investors harmed by misrepresented statements, encouraging affected investors to reach out for legal support.
See More
Lucid Group Faces Class Action Lawsuit Over Securities Violations
- Lawsuit Background: Bronstein, Gewirtz & Grossman, LLC has announced a class action lawsuit against Lucid Group, alleging that from February 25 to April 13, 2026, the company failed to disclose a supplier quality issue that significantly disrupted deliveries of the Lucid Gravity, which materially impacted the company's financial results.
- Legal Basis: The lawsuit claims that Lucid's executives overstated the company's manufacturing and delivery capabilities throughout the class period, misleading investors about the company's operations and making their public statements materially false and misleading at all relevant times.
- Investor Action: Affected investors are encouraged to apply to be lead plaintiffs by July 28, 2026, to share in any potential recovery from the lawsuit, with the assurance that participation does not require serving as lead plaintiff.
- Law Firm Advantage: Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm specializing in investor rights, focusing on securities fraud class actions and has recovered hundreds of millions for investors, emphasizing its expertise in restoring investor capital and ensuring corporate accountability.
See More
Investigation into Lucid Group Securities Litigation Announced
- Lawsuit Investigation Launched: Faruqi & Faruqi, LLP is investigating potential securities fraud claims against Lucid Group, urging investors who suffered losses between February 25, 2026, and April 13, 2026, to contact them before the July 28, 2026 deadline to discuss their legal rights.
- Delivery Issues Exposed: The lawsuit alleges that Lucid Group and its executives failed to disclose a supplier quality issue that significantly disrupted deliveries of the Lucid Gravity SUV, which likely had a material negative impact on the company's business and financial results, potentially leading to investor losses.
- Poor Financial Data: In Q1 2026, Lucid delivered only 3,093 vehicles, far below market expectations, with actual revenue reported at $280-$284 million against a consensus estimate of $433.8 million, highlighting severe deficiencies in the company's operational capabilities.
- Investor Rights Protection: Faruqi & Faruqi encourages all investors who purchased Lucid stock during the class period to participate in the class action lawsuit, and anyone with relevant information, including former employees and whistleblowers, is urged to contact the firm to provide information.
See More
Lucid Group Shareholder Notice Issued
- Shareholder Lawsuit Notice: The Gross Law Firm has issued a notice to shareholders of Lucid Group, Inc., encouraging those who purchased LCID shares between February 25, 2026, and April 13, 2026, to contact the firm regarding potential lead plaintiff status for recovery.
- Delivery Disruption Allegations: The complaint alleges that Lucid failed to disclose a supplier quality issue that significantly disrupted deliveries of the Lucid Gravity, which materially negatively impacted the company's business and financial results.
- False Statements Claims: The lawsuit claims that Lucid's management overstated enhancements to manufacturing and delivery capabilities during the class period, rendering public statements materially false and misleading at all relevant times.
- Claim Deadline: Shareholders must register by July 28, 2026, to participate in this class action, and upon registration, they will receive status updates throughout the case lifecycle to ensure their rights are protected.
See More
Lucid Group Faces Class Action Lawsuit Over Misleading Statements
- Class Action Reminder: The Schall Law Firm has alerted investors about a class action lawsuit against Lucid Group for violations of §§10(b) and 20(a) of the Securities Exchange Act, concerning securities purchased between February 25 and April 13, 2026, with a deadline for participation set for July 28, 2026.
- False Statements Allegation: The complaint alleges that Lucid made false and misleading public statements regarding its manufacturing capabilities, which were overstated, leading to significant investor losses when the truth about supplier quality issues was revealed, indicating a serious impact on the company's business results.
- Loss Recovery Opportunity: Affected shareholders are encouraged to join the lawsuit to recover their losses, with the Schall Law Firm specializing in securities class actions and offering free consultations to help investors understand their rights, demonstrating a commitment to protecting shareholder interests.
- Legal Process Status: The class action has not yet been certified, meaning investors are not currently represented by an attorney, highlighting the importance of taking timely action to ensure proper representation and support in the legal proceedings.
See More
Multiple Companies Facing Class Action Lawsuits
- Calix, Inc. Lawsuit: During the period from January 28 to April 21, 2026, Calix is accused of concealing that its first-quarter margins benefited from advanced purchasing of memory components, leading to a misunderstanding of the company's prospects, which could negatively impact its stock performance.
- AeroVironment, Inc. Allegations: From June 25, 2025, to March 10, 2026, AeroVironment is accused of underestimating imminent competition for the SCAR program, resulting in overstated business prospects that could undermine investor confidence.
- Zoetis Inc. Issues: Between January 14 and May 6, 2025, Zoetis allegedly failed to disclose that veterinarian prescription growth was sharply weakening due to FDA safety warnings, which could lead to a decline in market share and affect future earnings.
- Lucid Group, Inc. Lawsuit: From February 25 to April 13, 2026, Lucid faced significant delivery disruptions due to supplier quality issues, which materially impacted its business and financial results, potentially causing losses for investors.
See More
Lucid Group Securities Fraud Class Action Reminder
- Lawsuit Background: Wolf Haldenstein LLP reminds investors of a securities fraud class action filed on behalf of Lucid Group (NASDAQ: LCID) shareholders who purchased shares between February 25, 2026, and April 13, 2026, with a lead plaintiff deadline of July 28, 2026.
- Allegations: The lawsuit centers on disclosures regarding Lucid's production disruptions, delivery shortfalls, and financial underperformance, which allegedly harmed investors when the market became aware of these issues, leading to significant declines in stock price.
- Investor Rights: Investors who bought Lucid shares during the class period and suffered losses may be eligible to participate in the case, with the lead plaintiff application deadline set for July 28, 2026, urging timely action to protect their rights.
- Law Firm Expertise: Founded in 1888, Wolf Haldenstein LLP boasts over 125 years of experience in securities litigation, dedicated to seeking justice for investors harmed by misrepresented statements, encouraging affected investors to reach out for legal support.
See More
Lucid Group Faces Class Action Lawsuit Over Securities Violations
- Lawsuit Background: Bronstein, Gewirtz & Grossman, LLC has announced a class action lawsuit against Lucid Group, alleging that from February 25 to April 13, 2026, the company failed to disclose a supplier quality issue that significantly disrupted deliveries of the Lucid Gravity, which materially impacted the company's financial results.
- Legal Basis: The lawsuit claims that Lucid's executives overstated the company's manufacturing and delivery capabilities throughout the class period, misleading investors about the company's operations and making their public statements materially false and misleading at all relevant times.
- Investor Action: Affected investors are encouraged to apply to be lead plaintiffs by July 28, 2026, to share in any potential recovery from the lawsuit, with the assurance that participation does not require serving as lead plaintiff.
- Law Firm Advantage: Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm specializing in investor rights, focusing on securities fraud class actions and has recovered hundreds of millions for investors, emphasizing its expertise in restoring investor capital and ensuring corporate accountability.
See More
Investigation into Lucid Group Securities Litigation Announced
- Lawsuit Investigation Launched: Faruqi & Faruqi, LLP is investigating potential securities fraud claims against Lucid Group, urging investors who suffered losses between February 25, 2026, and April 13, 2026, to contact them before the July 28, 2026 deadline to discuss their legal rights.
- Delivery Issues Exposed: The lawsuit alleges that Lucid Group and its executives failed to disclose a supplier quality issue that significantly disrupted deliveries of the Lucid Gravity SUV, which likely had a material negative impact on the company's business and financial results, potentially leading to investor losses.
- Poor Financial Data: In Q1 2026, Lucid delivered only 3,093 vehicles, far below market expectations, with actual revenue reported at $280-$284 million against a consensus estimate of $433.8 million, highlighting severe deficiencies in the company's operational capabilities.
- Investor Rights Protection: Faruqi & Faruqi encourages all investors who purchased Lucid stock during the class period to participate in the class action lawsuit, and anyone with relevant information, including former employees and whistleblowers, is urged to contact the firm to provide information.
See More
Lucid Group Shareholder Notice Issued
- Shareholder Lawsuit Notice: The Gross Law Firm has issued a notice to shareholders of Lucid Group, Inc., encouraging those who purchased LCID shares between February 25, 2026, and April 13, 2026, to contact the firm regarding potential lead plaintiff status for recovery.
- Delivery Disruption Allegations: The complaint alleges that Lucid failed to disclose a supplier quality issue that significantly disrupted deliveries of the Lucid Gravity, which materially negatively impacted the company's business and financial results.
- False Statements Claims: The lawsuit claims that Lucid's management overstated enhancements to manufacturing and delivery capabilities during the class period, rendering public statements materially false and misleading at all relevant times.
- Claim Deadline: Shareholders must register by July 28, 2026, to participate in this class action, and upon registration, they will receive status updates throughout the case lifecycle to ensure their rights are protected.
See More
Lucid Group Faces Class Action Lawsuit Over Misleading Statements
- Class Action Reminder: The Schall Law Firm has alerted investors about a class action lawsuit against Lucid Group for violations of §§10(b) and 20(a) of the Securities Exchange Act, concerning securities purchased between February 25 and April 13, 2026, with a deadline for participation set for July 28, 2026.
- False Statements Allegation: The complaint alleges that Lucid made false and misleading public statements regarding its manufacturing capabilities, which were overstated, leading to significant investor losses when the truth about supplier quality issues was revealed, indicating a serious impact on the company's business results.
- Loss Recovery Opportunity: Affected shareholders are encouraged to join the lawsuit to recover their losses, with the Schall Law Firm specializing in securities class actions and offering free consultations to help investors understand their rights, demonstrating a commitment to protecting shareholder interests.
- Legal Process Status: The class action has not yet been certified, meaning investors are not currently represented by an attorney, highlighting the importance of taking timely action to ensure proper representation and support in the legal proceedings.
See More
Multiple Companies Facing Class Action Lawsuits
- Calix, Inc. Lawsuit: During the period from January 28 to April 21, 2026, Calix is accused of concealing that its first-quarter margins benefited from advanced purchasing of memory components, leading to a misunderstanding of the company's prospects, which could negatively impact its stock performance.
- AeroVironment, Inc. Allegations: From June 25, 2025, to March 10, 2026, AeroVironment is accused of underestimating imminent competition for the SCAR program, resulting in overstated business prospects that could undermine investor confidence.
- Zoetis Inc. Issues: Between January 14 and May 6, 2025, Zoetis allegedly failed to disclose that veterinarian prescription growth was sharply weakening due to FDA safety warnings, which could lead to a decline in market share and affect future earnings.
- Lucid Group, Inc. Lawsuit: From February 25 to April 13, 2026, Lucid faced significant delivery disruptions due to supplier quality issues, which materially impacted its business and financial results, potentially causing losses for investors.
See More
