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Lucid Is Still Losing Money Fast: Q1 2024 Earnings Report - InsideEVs
Lucid said it lost an $598 million (adjusted) last quarter, but secured another $1 billion from an affiliate of the Saudi Public Investment Fund.
By: InsideEVs
- May 08 2024
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EV startup Lucid Motors reported a 39% increase in Air deliveries for the first quarter of 2024, with 1,967 units delivered. But it grew sales to a still-modest total while reporting a $598 million E… [+2055 chars]