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

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[–] Kbobabob 2 points 2 years ago (2 children)

7.7 to 7.1 is tanked? A bit dramatic don't ya think?

[–] BB69 4 points 2 years ago

11% is a fairly decent drop

[–] 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.