Lucid Reports Q2 Production, Delivery Numbers, Shares Stall
1. Lucid produced 3,863 vehicles in Q2, increasing from Q1's 2,212. 2. Vehicle deliveries reached 3,309 in Q2, lower than analyst expectations of 3,611. 3. Analysts estimate a Q2 loss of 21 cents per share and $297.06 million revenue. 4. Company maintains liquidity of $5.76 billion, targeting 20,000 vehicles production by 2025. 5. Lucid shares rose 0.99% to $2.05 but are down 32% this year.