Lucid stock down on Q1 loss, confirms Gravity SUV on track for ‘late 2024’ launch
EV maker Lucid (LCID) reported mixed first quarter results as a wider-than-expected loss trumped the company’s confirmation that its Gravity SUV is still on track for a 2024 debut. For the quarter, Lucid reported revenue of $172.7 million, topping expectations of $150.1 million and nearly 16% higher than a year ago. Lucid’s loss per share, [...]read moreLucid stock down on Q1 loss, confirms Gravity SUV on track for ‘late 2024’ launch