7.7 to 7.1 is tanked? A bit dramatic don't ya think?
this post was submitted on 13 Jul 2023
0 points (50.0% liked)
[Dormant community] electricvehicles
588 readers
1 users here now
A community for EV (not just Tesla!) enthusiasts
founded 2 years ago
MODERATORS
11% is a fairly decent drop
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.