|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||9.39 - 9.53|
|52 Week Range||5.57 - 14.71|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||2.77|
|Forward Dividend & Yield||0.34 (3.50%)|
|Ex-Dividend Date||Jul 15, 2020|
|1y Target Est||10.96|
Tesla rival Lucid Motors plans to equip its new Air luxury electric sedan with a semi-automated driver assistance system when the first cars roll off an Arizona assembly line in early 2021, Lucid said on Tuesday. The Lucid Air, which will compete with the Tesla Model S, will come standard with such features as adaptive cruise control, lane centering, automatic emergency brakes and automated parking. It will also be one of the first production vehicles to be equipped with standard lidar, a laser-based sensor that detects obstacles and objects, including pedestrians, as part of the vehicle's collision avoidance system.
Former Ford Motor Co automotive operations chief Joe Hinrichs is joining the board of Wavesense, Inc, a Massachusetts startup developing ground-penetrating radar to help guide vehicles during autonomous driving. Hinrichs retired from Ford in February in a management shakeup. Wavesense said it was also adding former General Motors Co Chief Financial Officer Chuck Stevens and former Continental AG Chief Technical Officer Kurt Lehmann to an advisory board.
Moody's Investors Service ("Moody's") has today assigned short-time Prime-2 (P-2) issuer rating and commercial paper rating to Continental AG (Continental, or the group). The Prime-2 (P-2) issuer rating and commercial paper programme rating are in line with Continental's long-term issuer rating of Baa2 and reflect the group's strong ability to repay its short-term debt obligations. The strong ability of Continental to repay short-term debt obligations is supported by the group's E4.0 billion revolving credit facility (RCF), which includes a E1.0 billion swingline commitment and matures in December 2024.