Lucid Group, Inc. has reported its production and delivery totals for the quarter ended December 31, 2024. During this period, the company produced 3,386 vehicles and delivered 3,099 vehicles, with approximately 7% subject to operating lease accounting. On a full-year basis in 2024, the company produced 9,029 vehicles and delivered 10,241 vehicles, with approximately 5% subject to operating lease accounting.
These figures represent a significant increase from the previous period. In the previous quarter, the company reported producing and delivering fewer vehicles. It's worth noting that the increase in production and deliveries may be reflective of the company's efforts to meet growing demand or improve its operational efficiency.
Investors and analysts are looking forward to the upcoming conference call to discuss Lucid's fourth-quarter 2024 financial results, which is scheduled for Tuesday, February 25, 2025. This event will provide further insights into the company's financial performance and its outlook for the future.
The company's partnership with Say Technologies to allow shareholders to submit and upvote questions for the earnings call demonstrates Lucid's commitment to enhancing engagement with its shareholder base and facilitating connections with its investors.
Today the company's shares have moved 2.9% to a price of $3.38. Check out the company's full 8-K submission here.
