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Lucid falls on 3Q production and delivery numbers

EditorHari Govind
Published 10/17/2023, 11:24 PM
© Reuters.
LCID
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Shares of American electric vehicle company, Lucid Group (NASDAQ:LCID) are down almost 4% following the release of their 3Q production and delivery numbers Tuesday.

The company reportedly produced 1,550 EVs, with an additional 700 in transit to Saudi Arabia for final assembly.

The electric automaker delivered 1,457 vehicles during the same period.

Lucid will host a conference call to discuss its third quarter 2023 financial results on Tuesday, November 7, 2023, at 17:30 ET (21:30 GMT).

Shares of LCID are down 3.70% in mid-day trading on Tuesday.

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