Lucid Logs Record Q3 Deliveries: Is This Penny Stock a Buy Now?
Lucid (LCID) ZACKS·2024-10-08 22:20
Electric vehicle (EV) maker Lucid Group (LCID) set a new record for vehicle deliveries in the third quarter of 2024. It delivered 2,781 vehicles in the September quarter, marking the third consecutive quarter of record deliveries. This brings LCID's total deliveries so far this year to 7,142, surpassing the 6,001 units delivered in 2023. Hefty discounts are making the vehicles more affordable and driving Lucid's deliveries. For instance, LCID is offering up to $17,500 in savings on the 2024 Air Grand Tourin ...