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Lucid’s third-quarter deliveries miss estimates as it cuts output to run down inventory
Lucid delivered 3,806 vehicles, below analyst estimates, as output dropped 38% after it eliminated a second shift at its Arizona plant.
Summary by WTVB
6 Articles
6 Articles
Lucid's third-quarter deliveries miss estimates as it cuts output to run down inventory
Lucid (LCID) Q3 deliveries drop 7% as it slashes production by 38%
Lucid (LCID) delivered 3,806 vehicles in the third quarter, down 7% from a year ago. It built only 2,954, a 38% cut from the previous quarter and its lowest production since early 2025. The automaker says that’s on purpose. New CEO Silvio Napoli is selling down the unsold cars Lucid piled up in the first half of the year, and Q3 is the first quarter of 2026 in which it delivered more vehicles than it built. more…
Coverage Details
Total News Sources6
Leaning Left2Leaning Right1Center3Last Updated50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 33%
C 50%
R 17%
Factuality
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