US EditionLucid Stock Slides Despite Record Deliveries: What's Going On? - Lucid Group (NASDAQ:LCID)
Lucid Motors delivered a record 4,078 vehicles in Q3, a 46.6% increase year-over-year driven by strong demand before the federal EV tax credit expired last week.
- On Oct. 6, 2025, Lucid Group, Inc. announced production and delivery totals for the quarter ended September 30, 2025 and set an earnings call for Wednesday, November 5, 2025.
- Demand surged as buyers rushed before the federal EV tax credit expired, and Lucid overcame supply-chain hurdles with a production ramp and second manufacturing shift, adding more Gravity SUVs.
- Year-to-Date through September 30, 2025, Lucid Group, Inc. produced 9,966 vehicles and delivered 10,496, with 3,891 built in Q3 including over 1,000 for Saudi Arabia.
- Wall Street expected more, leaving Lucid short of analyst forecasts as the company missed estimates despite record gains and must build over 8,000 vehicles to reach its revised 2025 production goal.
- Saudi sovereign wealth fund ownership of around 60% positions the kingdom as a key market, while partnerships with Uber and Nuro support selling at least 20,000 Gravity SUVs and a midsize platform targets $50,000.
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Why Is Lucid Group Stock (LCID) Falling Today? @themotleyfool #stocks $LCID $^GSPC $^IXIC
Key PointsAhead of its upcoming earnings call on Nov. 5, Lucid reported its production and delivery numbers for its Q3.The company reported a record quarter, with growth in both production and delivery.Despite the improvement in performance, the numbers weren't enough to satisfy investors 10 stocks we like better than Lucid Group › Shares of Lucid (NASDAQ: LCID) are falling on Tuesday, down 9.2% as of 2:33 p.m. ET. The drop comes as the S&P 500 …
Lucid Stock Slides Despite Record Deliveries: What's Going On? - Lucid Group (NASDAQ:LCID)
Shares of Lucid Group Inc (NASDAQ: LCID) are trading lower Tuesday morning as investors digest the company's latest delivery figures. Here's what Lucid investors need to know.
TechCrunch
Lucid Motors sets record as Gravity sales pick up and tax credit expires
The company has seen EV deliveries increase for seven straight quarters, even though it's still way off the ambitious goals it promoted when it went public in 2021.
EV maker Lucid’s quarterly deliveries rise but fall short of expectations
(Reuters) -Lucid reported a 46.6% jump in third-quarter deliveries on Monday, driven by a rush of demand for electric vehicles before lucrative tax credits expired last week, but it still missed Wall Street expectations. The EV maker and its rivals are bracing for a sharp drop in sales in the last three months of the year without the $7,500 in credits. While some have cut prices and found mechanisms to extend the benefits of the credit, others h…
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