"Lucid Motors Sets Record Q1 EV Deliveries Amid Stock Jump"
TL;DR Summary
Lucid (LCID) achieved a record first quarter EV deliveries of 1,967 vehicles, despite a 27% production decrease, following significant price cuts. The company aims to build 9,000 vehicles in 2024, requiring a substantial increase from the 1,727 produced in Q1 to meet its target. Lucid's stock is up slightly, but still down over 65% in the past year. The company is set to release its Q1 2024 earnings on May 6, 2024, providing further insight into its financial situation.
- Lucid (LCID) sneaks out record first quarter EV deliveries as price cuts take effect Electrek
- Lucid Stock Jumps. Its Delivery Numbers Were Good Enough. Barron's
- Lucid’s stock gains on record shipments, but one bear still calls them ‘anemic’ MarketWatch
- Lucid Announces Q1 Production & Deliveries, Sets Date for First Quarter 2024 Results | Lucid Group, Inc. Lucid Group
- Lucid Motors ekes out a new delivery record as it searches for more EV buyers TechCrunch
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