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Lucid reports USD 780 million EBITDA loss in Q1, suspends 2026 production guidance

On May 5, Lucid Group announced financial results for its first quarter ended March 31, 2026.
Lucid produced 5,500 vehicles at its plant in Casa Grande, Arizona, up 149% from Q1 2025 and delivered 3,093 vehicles, flat compared to Q1 2025. February delivery timing was affected by a seat supplier issue resolved during ....

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