Lucid Group (LCID) Cuts FY23 Production Guidance to 8000-8,500 from 10,000 Previously

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Lucid Announces Third Quarter 2023 Financial Results

November 7, 2023 4:05 PM EST

Lucid reported Q3 revenue of $137.8 million driven by customer deliveries of 1,457 vehicles in the quarterProduction of the Lucid Air Pure RWD began in September and is in the process of ramping up; production of the Lucid Air Sapphire also began in September, thus completing the Lucid Air lineupGeneral assembly production shifted to Phase 2 of Lucid's factory in Arizona; Lucid opened its first manufacturing plant in Saudi ArabiaLucid closed the Aston Martin transaction and commenced... More