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Lucid Motors Exceeds Quarterly EV Delivery Expectations Despite Stock Decline

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Source: Yahoo Finance
Lucid Motors Exceeds Quarterly EV Delivery Expectations Despite Stock Decline
Photo: Yahoo Finance
TL;DR

Lucid Group Inc. exceeded analyst estimates by delivering 1,734 electric vehicles in the fourth quarter, but fell short of its original target for the year with 8,428 EVs produced. The company struggled with supply issues and inconsistent output at its Arizona plant, leading to a 57% stock decline in the past 12 months.

Topics:businessbusiness-electric-vehicles#business-electric-vehicles#electric-cars#ev-deliveries#lucid-group-inc#production-forecast#stock
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  1. Lucid's Quarterly EV Deliveries Beat Estimates to Cap Volatile Year  Yahoo Finance
  2. Lucid (LCID) stock sinks to new low after Q4 EV deliveries fall YOY  Electrek
  3. Lucid Motors sold just 6,001 cars in 2023  TechCrunch
  4. Lucid Announces Q4 Production & Deliveries, Sets Date for Fourth Quarter 2023 Results  Yahoo Finance
  5. Lucid Announces Q4 Production & Deliveries, Sets Date for Fourth Quarter 2023 Results | Lucid Group, Inc.  Lucid Group

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