this post was submitted on 13 Jul 2023
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[Dormant community] electricvehicles

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Lucid reports Q2 deliveries and production, stock tanks (www.teslarati.com)
submitted 2 years ago by elskertesla to c/electricvehicles
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[–] elskertesla 2 points 2 years ago

Lucid's Q2 sales were lower than expected, which is not good for a company that needs growth to become profitable. Similar to how Tesla ramped up production and sales, Lucid will need to increase its delivery numbers in order to turn a profit.