Adding to Lucid's pain is the loss of regulatory credit sales. Essentially, automakers that produce EVs were given credits for their production, while automakers producing vehicles that didn't meet ...
Lucid (LCID) CEO Marc Winterhoff has his work cut out for him. He needs to ramp up the company's critical-to-success SUV, the Gravity, while also assuaging investor fears about profits — or lack ...
The EV maker's second quarter fell short of Wall Street estimates. The loss of regulatory credit sales is a blow to Lucid and other EV makers. Lucid is now drastically accelerating production of the ...
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