US EditionWhy Is Lucid Stock Falling Overnight? - Lucid Group (NASDAQ:LCID)
CASA GRANDE, ARIZONA, AUG 5 – Lucid cut its 2025 vehicle production forecast to 18,000-20,000 due to supply chain issues and demand shifts despite a 38% increase in deliveries in Q2, the sixth quarter of record growth.
- Lucid Group reported financial results for Q2 2025, showing record revenue of $259.4 million, but fell short of Wall Street's expectations of around $280 million.
- The company posted a net loss of $790 million, with a loss per share of $0.34, higher than the anticipated $0.22 loss per share.
- Lucid reduced its production forecast for 2025 to 18,000 to 20,000 vehicles from the previous expectation of 20,000 due to market changes, while achieving record deliveries of 3,309 vehicles in Q2 2025.
- Lucid confirmed it has sufficient liquidity of $4.86 billion to fund operations through the second half of 2026, amidst a partnership with Uber to deploy electric robotaxis.
12 Articles
12 Articles
Lucid Stock Is Falling and It’s Only Going to Get Worse
Key Points in This Article: Lucid’s (LCID) Q2 earnings missed analyst expectations, with revenue of $259.4 million and an adjusted loss of $0.24 per share. LCID stock fell 8.5% in midday trading, reflecting investor disappointment with the results and outlook. CEO Marc Winterhoff cut the 2025 Gravity SUV production forecast to 18,000 to 20,000 vehicles, admitting delays in production ramp-up. Nvidia made early investors rich, but there is a …
Why Is Lucid Stock Falling Overnight? - Lucid Group (NASDAQ:LCID)
Lucid Group Inc. (NASDAQ:LCID) stocks are trending on Tuesday following the release of second-quarter earnings by the company. Check out how LCID stock is trading here. What Happened: Lucid shares fell 8.26%, to $2.22 in after-hours trading on Tuesday after the electric vehicle (EV) maker reported second-quarter results that missed analyst expectations and lowered its production forecast. The California-based EV company reported second-quarter …
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