Lucid Group (LCID) Reports Q1 Revenue of $149.4M vs Estimate of $197.8M

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Lucid Announces First Quarter 2023 Financial Results

May 8, 2023 4:01 PM EDT

NEWARK, Calif., May 8, 2023 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), setting new standards for luxury electric experience with the Lucid Air, winner of the 2023 World Luxury Car Award, today announced financial results for its first quarter ended March 31, 2023.

Lucid reported first quarter revenue of $149.4 million, having produced 2,314 vehicles at its manufacturing facility in... More