Lucid stock rallies as vehicle deliveries up 90% YoY
LCIDLucid (LCID) Finbold·2024-10-07 23:29

On Monday, Lucid Group (NASDAQ: LCID) reported on its third quarter vehicle deliveries and production. In the quarter, which ended on September 30, the automaker delivered 2,781 vehicles, far outpacing analyst estimates of 2,242. In the last quarter, LCID delivered 2,394 vehicles. While this was a significant beat in terms of expectations, it was marred by less impressive production numbers. The company produced 1,805 vehicles in the quarter, down from 2,110 in the preceding three-month period, missing the ...