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Lucid reports Q1 net loss USD 685 million
On May 6, showing the result of recent price cuts, the Lucid Group reported Q1 revenue of USD 172.74 million, up 15.6% from a year ago, on deliveries of 1,967 vehicles, which was up 39.9% compared to Q1 2023.
Lucid produced 1,728 vehicles in Q1 and is on track for 2024 annual production of approximately 9,000 vehicle....
Lucid produced 1,728 vehicles in Q1 and is on track for 2024 annual production of approximately 9,000 vehicle....
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