Lucid Group Delivers 2,394 Vehicles

Lucid Group, Inc. (NASDAQ: LCID) has announced its production and delivery totals for the second quarter ended June 30, 2024. During this period, Lucid produced 2,110 vehicles and delivered 2,394 vehicles.

The company will be hosting a conference call to discuss its second quarter 2024 financial results on Monday, August 5, 2024, at 2:30 pm PT / 5:30 pm ET.

In an effort to enhance engagement with its shareholder base, Lucid is partnering with Say Technologies to allow retail and institutional shareholders to submit and upvote questions, a selection of which will be answered by Lucid management during the earnings call. Shareholders can submit questions between July 22, 2024, and August 2, 2024, through a dedicated Q&A platform.

Lucid Group, Inc., a Silicon Valley-based technology company focused on creating advanced electric vehicles, is preparing its factory in Arizona to begin production of the Lucid Gravity SUV. The company's goal is to accelerate humanity's transition to sustainable transportation and energy.

These figures represent only one measure of the company's operating performance and should not be relied on as sole indicators of quarterly financial results, which depend on a variety of factors.

Investor Relations Contact: [email protected] Media Contact: [email protected] The market has reacted to these announcements by moving the company's shares 4.1% to a price of $3.05. For the full picture, make sure to review Lucid's 8-K report.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

IN FOCUS